$ETH Recently, Charles Hoskinson, who founded Cardano (ADA) and was a co-founder of Ethereum, stirred controversy by publicly pointing out what he considers "failures" in his own project, Cardano. During a Q&A session, he criticized the economic model of the network, its consensus design, and notably, its approach to Layer 2 (L2) scalability solutions, even labeling them as "parasitic".

That the founder himself makes these criticisms is significant and generates debate. While some might see it as honesty, these statements could impact investor confidence in Cardano (ADA) and potentially affect its value by highlighting possible weaknesses, although the market response is complex.