#EthereumFuture

Latest: Charles Hoskinson says that Ethereum may not withstand the next 10 to 15 years, pointing to architectural flaws, governance issues, and value leakage from Layer 2s.

The founder of Cardano warned that without radical changes, Ethereum may follow the same path as tech companies that have declined, such as BlackBerry.

1. Architectural Flaws:

He points out that Ethereum's underlying architecture is too complex and difficult to scale, especially with its heavy reliance on Layer 2 solutions. This architecture may lead to slow performance and interoperability issues between different networks.

2. Governance Issues:

Ethereum lacks a clear and effective governance system, which means that decision-making within the project is often slow or opaque. This hinders its ability to adapt to changes quickly.

3. Value Leakage from Layer 2s:

Applications and Layer 2 solutions build their own networks and attract users away from Ethereum's main network, meaning that value and liquidity are being "pulled" from Ethereum in favor of those projects, which may erode the role of the main network over time.

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