#EthereumFuture

The founder of Cardano released his assessment during a recent Q&A session. According to him, the future of Ethereum is anything but assured.

“I don’t think Ethereum will survive more than 10-15 years,” stated Hoskinson, supporting his opinion with technical and structural arguments.

The crypto entrepreneur emphasized what he believes to be a series of fundamental errors within the Ethereum ecosystem.

Among the main problems listed by Hoskinson is the accounting model adopted by Ethereum, which according to him causes operational inefficiencies. 

The Ethereum Virtual Machine (EVM), a key component that enables the execution of smart contracts, has also been criticized for its outdated and not very scalable architecture