#ADA #Opinion Ethereum may not survive the next 10-15 years
Charles Hoskinson believes that Ethereum has:
incorrect accounting model
Ineffective virtual machine
outdated consensus model
L2-solutions (for example, Arbitrum and Optimism)-“parasitize” on the main network, without solving the problem of scalability, but pulling the value from it.
Thereum, he compared with MySpace and Blackberry - the first innovators who could not withstand competition.
In his opinion, in the future, Defi on the basis of Bitcoin will be able to go around Ethereum in terms of locked value (TVL). #BTC 📉