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Charles Hoskinson, founder of Cardano and co-founder of Ethereum, warns: according to him, Ethereum will not survive the next fifteen years. The reason? Questionable technological choices and flawed governance. A warning that shakes the cryptocurrency world and reignites the debate about the future of major blockchains. #EthereumFuture
In summary
Charles Hoskinson says that Ethereum may disappear in 10 to 15 years.
He points to three main mistakes in Ethereum: the accounting model, the virtual machine, and ineffective consensus.
He praised the technological strengths of Cardano, particularly the UTXO model and Hydra.
He expects Bitcoin DeFi# to outperform Ethereum. #BTCvsMarkets #
- Reasons for the demise of Ethereum, according to Charles Hoskinson
Charles Hoskinson, founder of Cardano, launched a scathing criticism of Ethereum, pointing out that the second-largest blockchain in the cryptocurrency world may not withstand the next fifteen years. During the "Ask Me Anything" session broadcast on April 23, he highlighted three major design flaws: a weak accounting model, an unsuitable virtual machine, and unselected consensus.
According to Hoskinson, these hinder decision-making.
