In a latest inquiry conducted on April 23, Cardano founder Charles Hoskinson made extensive criticism of Ethereum’s long-term prospects, believing that the world’s second-largest smart contract platform is overshadowed by what he calls three “self-conflict wounds” and lacks something for the critical treatment they need to heal.
Ethereum faces 15-year deadline: Cardano founder
Hoskinson answers listeners’ questions – “If you were running the Ethereum Foundation, what would you do differently?” – Hoskinson said the project chose “wrong accounting models, wrong virtual machines and wrong consensus models”, who he believes is threatening Ethereum’s survival now. “People told them not to do this, they did, they got where they needed to go,” he said. He warned that the fixes adopted so far “placed in all these weird cut economics, two layers of both and other things” and their unexpected consequences began to bite.
Hoskinson, who co-founded Ethereum with others in 2014, then left for Cardano two years later, insisted that a viable turnover would require parallel workflows. “First of all, you have to solve your own technical problems,” he said, noting that the implementation of Ethereum proves that the network “needs to wean”.
He suggested a transformation of what is called “scaling protocol design” such as Ouroboros-Leios (Cardano’s upcoming upgrade path) and urged Ethereum developers to view “SWE’s object model” with Narwhal-and-Tusk-tusk-style-stylesensus and turn to the RISC-V Vertion Supperion Setion. “There is an intention to have an object model like SWE, which may be very suitable for its ecosystem,” he said.
However, Hoskinson believes that the bigger obstacle is the lack of formal autonomy in Ethereum. “They really don’t have a good chain governance system,” he said. He estimated that the building will take “five to seven years” given the size of the network and its deep-rooted stakeholders. Without it, protocol escalation and community coordination will remain vulnerable.
Hoskinson’s sharpest prediction was conducted in the middle of this session: “I don’t think Ethereum will survive for more than 10 to 15 years.” He predicts that the Layer 2 network will continue to “suck all the alpha”, eroding the practicality of the basic chain while triggering internal conflicts that will make Vitalik increasingly difficult […] Together by the sheer power of will. ”
He also argued that the revitalization of the Bitcoin ecosystem by Cardano’s efforts and faster overall chain chains can surpass Ethereum in both liquidity and user experience. “once [Bitcoin DeFi] Open, TVL will be bigger than Ethereum […] Another thing is that they are alive by Solana and Sui and these other things,” he likens the dilemma of Ethereum to those of companies like myspace and blackberry, which are all struggling to spin when they are “basically different paradigms and different paradigms” […] Climb up you. ”
Hoskinson also compared Ethereum’s roadmap with Cardano’s own roadmap. He highlights Cardano’s RISC-V-based virtual machines, its extended UTXO accounting, and its “non-parasite” approach to layer 2 scaling (i.e. Hydra and Midnight Sidechain), which proves that Cardano has embodied the architectural decisions he urged Ethereum to adopt.
Hoskinson acknowledged that some of Cardano’s governance tools were “a little weird right now,” but insisted that it would “be great for three to five years.” By contrast, he warned that Ethereum’s transition would be slower and more controversial, giving alternative platforms time to attract developers and liquidity. “Users will gradually migrate elsewhere, and then they will be overshadowed by Bitcoin Defi,” he said.
The remarks are a sensitive moment to Ethereum, which completed a proof of merger 18 months ago and is preparing for an upgrade designed to reduce transaction costs and increase throughput. Hoskinson’s comments are unlikely to affect Ethereum’s core developers, but they highlight the growing debate about whether a modular, volume-centric roadmap can maintain network coherence as competitive ecosystems develop.
Hoskinson was asked to sum up his prospects and restored the first principle. “A great project,” he said of Ethereum, “it’s just [a] The victim of your own success. “Without decisive architectural and governance reforms, the platform could be a “very hostile divorce” between the foundation layer and its extended solutions, eventually becoming obsolete in the next decade,” he concluded.
At press time, the ADA traded at $0.6872.
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