#EthereumFuture Recently, Charles Hoskinson, who founded Cardano (ADA) and was a co-founder of Ethereum, caused a stir by publicly pointing out what he considers "failures" in his own project, Cardano. During a Q&A session, he criticized the network's economic model, its consensus design, and notably, its approach to Layer 2 (L2) scalability solutions, going so far as to label them "parasitic".

That the founder himself makes these criticisms is significant and sparks 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, debating which has the better vision and the most robust solutions for the future of cryptocurrencies. This news about Cardano is leveraged to analyze the philosophical and technical differences and decide in which "ecosystem" (Cardano or Ethereum) it might be worth investing in for the long term.