Cardano founder Charles Hoskinson, considered one of the most outspoken figures in the cryptocurrency market, has targeted Ethereum this time.
As a result, 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 suggests that the Ethereum team was trying to copy the UTXO model without mentioning Cardano, and that they may copy other Cardano innovations in the future.
Hoskinson’s remarks follow comments from Ethereum Foundation developer Toni Wahrstätter, who recently presented a proposal titled “Native UTXOs on Ethereum.” According to Wahrstätter, this proposal envisages transforming payment transactions into “one-time objects” instead of persistent state entries.
According to Wahrstätter, borrowing elements of Bitcoin’s UTXO model could reduce the persistent use of Ethereum state in simple payment transactions by around 99.8%.
Hoskinson cites Bitcoin’s UTXO model as the source of the proposal, but makes no mention of Cardano.
*This does not constitute investment advice.
