Charles Hoskinson Claims Ethereum Will Not Survive “More than 10 to 15 years”

Cardano founder Charles Hoskinson claimed Wednesday that Ethereum, the blockchain he co-founded, will become obsolete in the next 10 to 15 years. Ethereum currently boasts a market capitalization of over $212 billion, securing its place as the second-largest cryptocurrency after Bitcoin. Its native token, ETH, is trading around $1,760 at the time of writing, while Cardano’s ADA token is priced at approximately $0.73, with a market cap just under $27 billion, according to CoinGecko. In a video shared on YouTube, Hoskinson argues that Ethereum has made three major errors that will lead to it becoming obsolete within the next decade or so. He likens Ethereum’s trajectory to that of Myspace and Blackberry, calling it a “victim of its own success.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant