PANews reported on April 24 that according to Cryptopotato, Cardano founder Charles Hoskinson questioned the long-term development of Ethereum in an AMA event on Wednesday, believing that the blockchain may not survive in the next 10-15 years. The Ethereum co-founder pointed out three major structural flaws: incorrect economic model, virtual machine design and consensus mechanism, and criticized the Layer2 solution for becoming a "parasitic system" that failed to solve the core expansion problem and instead extracted the value of the main chain. Although Ethereum currently still maintains the largest locked volume (TVL), Hoskinson likens its situation to former technology giants MySpace and BlackBerry, predicting that users will gradually migrate to other ecosystems, especially the Bitcoin DeFi system.