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"Ethereum will not exist in the next 10 years" - Cardano founder predicts 👇
In an AMA session on April 23, Charles Hoskinson - the founder of Cardano (ADA) and co-founder of Ethereum - made a striking prediction: Ethereum may no longer exist in 10 to 15 years.
According to him, although Ethereum currently remains the blockchain with the highest total value locked (TVL) in the market, the underlying architecture of this network has three serious flaws:
Outdated computing model. Inefficient Ethereum Virtual Machine (EVM). Consensus mechanism is not really good.
Hoskinson noted that these flaws are hindering the scalability and performance of the network, while also leading to an increasing dependence on Layer-2 solutions.