Advertisement
AD

Main navigation

Advertisement
AD

Cardano Founder: "It's Not Too Late to Come to Cardano" in Response to Vitalik Buterin's Thoughts on Ethereum

Advertisement
Tue, 17/05/2022 - 14:21
Cardano Founder: "It's Not Too Late to Come to Cardano" in Response to Vitalik Buterin's Thoughts on Ethereum
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

In a recent tweet, Cardano creator Charles Hoskinson seemingly took a swipe at Vitalik Buterin, Ethereum co-founder. Responding to a thread of tweets posted by the latter, Hoskinson suggested that the Ethereum co-founder come over to Cardano, saying "it's not too late to come to Cardano."

Advertisement

In a recent thread of tweets, Ethereum co-founder Vitalik Buterin lay bare his inner struggles, which he calls "some still open contradictions in my thoughts and my values."

He speaks of the contradiction between his desire to see Ethereum become a more Bitcoin-like system and the realization that attaining this requires "quite a lot of active, coordinated short-term changes." Buterin also highlighted his desire to see Ethereum become a Layer 1 blockchain that can outlive extreme circumstances.

Cardano was founded by Charles Hoskinson, who is also a co-founder of Ethereum. Due to a disagreement with Ethereum co-founder Vitalik Buterin in 2014 as to whether the Ethereum project should be commercial or not, Hoskinson had a falling out with the Ethereum team.

Hoskinson then went on to create Cardano as a scalable, interoperable and sustainable blockchain that aims to outperform Bitcoin and Ethereum. Cardano was founded in 2015 and launched in 2017 as a proof-of-stake blockchain that uses network validators to process transactions and maintain the network. Cardano is the seventh largest cryptocurrency, with a market capitalization of $19.8 billion at the time of writing.

Cardano, similarly to Bitcoin, is an Unspent Transaction Output (UTXO)-based blockchain, which uses a different accounting model for its ledger than other account-based blockchains, such as Ethereum.

Cardano, on the other hand, uses an innovative Extended Unspent Transaction Output (EUTXO) model. The EUTXO model boasts advantages such as increased security and predictability in smart contract execution costs and parallelism.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD