Cardano Founder Charles Hoskinson Declares Ethereum Is Doomed Due to Layer 2 Dependence

Cardano founder Charles Hoskinson has issued a stark warning about Ethereum’s long-term viability, claiming the network’s reliance on rollups and external scaling layers will eventually undermine its base chain. In a wide-ranging interview with CoinDesk released yesterday, Hoskinson argued that Ethereum’s very design as a general-purpose smart contract ledger has created an ecosystem of incentives […]