#EthereumFuture

During a recent AMA session, Charles Hoskinson, the founder of Cardano, took aim at Ethereum’s core architecture, highlighting issues in its economic model, consensus mechanism, and Layer 2 (L2) scalability solutions—referring to L2s as “parasitic.” Hoskinson argued that Ethereum’s dependence on L2 networks such as Arbitrum and Optimism results in a fragmented ecosystem that undermines user experience and network unity. Though some may view his remarks as severe, they raise important points about Ethereum’s long-term scalability approach.

Despite the criticism, Ethereum continues to lead in crypto innovation, bolstered by its expansive DeFi and NFT ecosystems. Still, slow updates to the mainnet and a heavy reliance on third-party L2 solutions contribute to usability issues and high gas fees. By comparison, platforms like Cardano and Solana focus on achieving scalability at the Layer 1 level, emphasizing sustainability and a more user-friendly experience.

Whether one sides with Hoskinson or not, it’s clear the crypto industry thrives on varied approaches and experimentation. Long-term confidence may shift toward unified Layer 1 frameworks like Cardano’s, or flexible, modular systems such as Cosmos and Polkadot. Ethereum remains a key player, but its supremacy is now being tested. Ultimately, the ecosystem that best harmonizes decentralization, scalability, and smooth usability will come out on top.