Ethereum’s Future Uncertain: Cardano Founder Predicts Long-Term Challenges

Charles Hoskinson, creator of Cardano, has cast doubt on Ethereum’s enduring relevance in the crypto landscape. Comparing it to platforms like Myspace and BlackBerry – once dominant but now struggling for market share – Hoskinson argues that Ethereum faces internal and external pressures that pose significant challenges to its future. He attributes this skepticism to competition within DeFi space from Bitcoin’s burgeoning ecosystem. In a recent Ask Me Anything session on April 23rd, Hoskinson elaborated on these concerns.