Cardano founder Charles Hoskinson, considered one of the most outspoken figures in the cryptocurrency market, has targeted Ethereum this time.
Accordingly, Hoskinson accuses Ethereum of copying Cardano’s UTXO (EUTXO) model.
In his latest YouTube video, ADA founder Charles Hoskinson accused the Ethereum Foundation of copying a concept that Cardano has been developing for a decade without attribution.
Hoskinson described Cardano’s extended UTXO model as one of the biggest innovations in smart contract design, a topic he has been researching for over 10 years.
The report suggested that the Ethereum team was trying to copy the UTXO model without mentioning Cardano, and that they might copy other Cardano innovations in the future.
Hoskinson’s remarks come in response to comments made by Ethereum Foundation developer Toni Wahrstätter, who recently presented a proposal titled “Native UTXOs on Ethereum.” According to Wahrstätter, this proposal envisions transforming payment transactions into “one-time objects” instead of persistent state inputs.
According to Wahrstätter, borrowing elements of Bitcoin’s UTXO model could reduce Ethereum’s persistent state usage in simple payment transactions by approximately 99.8%.
Hoskinson cites Bitcoin’s UTXO model as the source of the proposal, but makes no mention of Cardano.
*This is not investment advice.
