• Cardano founder identifies three critical flaws in Ethereum blockchain’s design.
• Charles Hoskinson believes layer-2 solutions will gradually drain Ethereum’s value.
• Bitcoin DeFi and competing chains are predicted to eclipse the Ethereum network long-term.

In a thought-provoking video, blockchain attorney John E. Deaton shared an alarming prediction of Charles Hoskinson, who stated that Ethereum may not survive beyond 10-15 years due to fundamental design flaws and growing competitive pressures. 

Deaton expressed that the information was surprising, especially when it came from a co-founder. He quickly pointed out that he was not smart enough to have an opinion one way or the other. 

In the clip, Hoskinson, the founder of Cardano and the co-founder of Ethereum, mentioned that Ethereum has three major “self-inflicted wounds” that threaten its future. These include the wrong accounting model, th…

The post ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant? appeared first on Coin Edition.

• Cardano founder identifies three critical flaws in Ethereum blockchain’s design.
• Charles Hoskinson believes layer-2 solutions will gradually drain Ethereum’s value.
• Bitcoin DeFi and competing chains are predicted to eclipse the Ethereum network long-term.

In a thought-provoking video, blockchain attorney John E. Deaton shared an alarming prediction of Charles Hoskinson, who stated that Ethereum may not survive beyond 10-15 years due to fundamental design flaws and growing competitive pressures. 

Deaton expressed that the information was surprising, especially when it came from a co-founder. He quickly pointed out that he was not smart enough to have an opinion one way or the other. 

In the clip, Hoskinson, the founder of Cardano and the co-founder of Ethereum, mentioned that Ethereum has three major “self-inflicted wounds” that threaten its future. These include the wrong accounting model, th…

The post ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant? appeared first on Coin Edition.