$ETH 🤷‍♂️The founder of Cardano predicts the collapse of Ethereum in 10-15 years

Charles Hoskinson believes that Ethereum may not withstand the competition and may not survive until 2040:

"They have the wrong accounting model, the wrong virtual machine, and the wrong consensus model".

In particular, Hoskinson noted L2 solutions (such as Arbitrum and Optimism):

"These layer two solutions suck profits out of the main chain. Instead of uniting the ecosystem, they are dividing it".

Hoskinson also compared Ethereum to companies that failed to adapt to new realities, such as Myspace or Blackberry. He stated that it is unlikely Vitalik Buterin can hold the team together by 'sheer will'🧐

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