Mister Sailer
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Ethereum may not survive the next 10-15 years — Cardano founder
▪Charles Hoskinson believes that Ethereum:
⊹ has an incorrect accounting model
⊹ has an inefficient virtual machine
⊹ has an outdated consensus model
▪L2 solutions (such as Arbitrum and Optimism) "parasitize" the main network, not solving the scalability problem, but extracting value from it.
▪He compared Ethereum to Myspace and Blackberry — the first innovators who couldn't withstand competition.
▪In his opinion, in the future, Bitcoin-based DeFi could surpass Ethereum in terms of total value locked (TVL).
▪Charles Hoskinson believes that Ethereum:
⊹ has an incorrect accounting model
⊹ has an inefficient virtual machine
⊹ has an outdated consensus model
▪L2 solutions (such as Arbitrum and Optimism) "parasitize" the main network, not solving the scalability problem, but extracting value from it.
▪He compared Ethereum to Myspace and Blackberry — the first innovators who couldn't withstand competition.
▪In his opinion, in the future, Bitcoin-based DeFi could surpass Ethereum in terms of total value locked (TVL).
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