$ETH #EthereumFuture 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.

This topic is especially relevant in the context of the rivalry with Ethereum, as both are major blockchain platforms with different approaches to solving issues like scalability. Hoskinson's criticism of L2s and aspects of Cardano is often used in discussions or debates to compare and contrast the two projects, arguing which has the better vision and more robust solutions for the future of cryptocurrencies. This news about Cardano is leveraged to analyze the philosophical and technical differences and decide which "ecosystem" (Cardano or Ethereum) might be worth betting on in the long term.