Cardano Founder Hoskinson Says Ethereum Is Doomed To Fail: Here’s How

In a wide-ranging CoinDesk interview released yesterday, Cardano founder Charles Hoskinson sharpened a years-long critique of Ethereum’s long-term viability, arguing that the network’s reliance on rollups and external scaling layers has created economic incentives that will ultimately hollow out the base chain. While acknowledging Ethereum’s technical progress, he contended that “as a general-purpose, smart-contract ledger,” the project has nurtured an ecosystem that “will slowly but surely eat [it] alive. ” Why Ethereum Is Doomed To Fail: Cardano Founder Hoskinson framed the core problem as one of misaligned incentives between Ethereum’s L1 and its expanding constellation of L2s. “To make Ethereum better, they’ve had to embrace layer twos,” he said source: https://www.newsbtc.com/news/cardano-founder-ethereum-doomed-to-fail/