#EthereumFuture 📌 Founder of Cardano: "Ethereum may not survive the next 10-15 years"
Charles Hoskinson stated that Ethereum may not survive the next 10-15 years due to architectural issues: a weak accounting model, an outdated virtual machine, and dependence on Layer 2.
He compared Ethereum to Myspace and Blackberry — the first innovators who could not withstand competition.
In his opinion, Bitcoin-based DeFi could surpass Ethereum in terms of total value locked (TVL).