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Ethereum Won’t Make It to 2035, Says Cardano Creator—What’s Behind the Prediction?

  • Charles Hoskinson, founder of Cardano and co-founder of Ethereum, has expressed skepticism about Ethereum's long-term viability, comparing its position to erstwhile titans like Myspace and BlackBerry.
  • Hoskinson believes that internal problems and external competition, including the rise of Bitcoin DeFi, are putting pressure on Ethereum.
  • He criticizes Ethereum's scaling strategy and its growing reliance on layer two solutions, describing them as 'parasitic' and draining value from the core network.
  • Hoskinson highlights Cardano's approach to scalability, emphasizing its sustainable layer two ecosystem and technological infrastructure as more efficient and future-oriented alternatives to Ethereum.

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