Cardano founder Charles Hoskinson has once again launched a wave of criticism at Ethereum, publicly questioning the network’s long-term viability. In a Q&A session during an Altcoin Daily interview, he stated that Ethereum won’t survive more than 10–15 years unless it changes key architectural principles.
Three Problems With Ethereum
According to Hoskinson, Ethereum’s viability is hindered by three major flaws.
- First, he considers the choice of protocol and consensus model a mistake. Ethereum transitioned to the Proof-of-Stake mechanism and became the foundation for the largest Layer 2 networks. However, in Hoskinson’s view, these solutions act more like parasites than beneficial extensions.
- Second, he claimed that implementing scalability through Layer 2 solutions is harmful to the main network rather than strengthening it.
- Third, he criticized the governance system, noting that Ethereum lacks proper onchain governance, and key decisions are made off-chain.
An Alternative From Cardano
In contrast, Hoskinson presented Cardano as a network that has resolved all these issues. He claimed that Cardano has the “correct” consensus model, a functioning decentralized governance system, and sidechains that support the main network rather than draining resources from it.
He also suggested that Ethereum should replace its current protocol with Delegated Proof of Stake, inspired by the Sui model. He called for a transition to onchain voting and a reduction in reliance on Layer 2 solutions, though he admitted that in the current situation this is practically impossible.
Community Reaction
Hoskinson’s remarks sparked wide discussion. Some users labeled his predictions as hypocritical, reminding that Cardano is essentially a fork of Ethereum. Others supported the criticism, citing technical complexity, frequent upgrade delays, and high fees on the Ethereum network.
Notably, this isn’t the first time Hoskinson has criticized a project he helped create. He previously referred to Ethereum as a “dictatorship” run by Vitalik Buterin and expressed doubts about its sustainability.
It is worth noting that even before Hoskinson’s statements, the co-founder of the Omni Foundation, Austin King, pointed out Ethereum’s weaknesses. According to him, Ethereum could lose its status as the second-largest cryptocurrency by market capitalization, giving way to XRP. King noted that Ethereum once had an advantage due to its deflationary model but now relies on Layer 2 scalability. He emphasized that many of these solutions use centralized infrastructure, which undermines trust in the network and calls its long-term resilience into question.
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