Hoskinson "Ethereum (ETH) plagiarized technology developed by Cardano (ADA) for 10 years" criticized

▲ Cardano (ADA), Ethereum (ETH)/AI-generated image

Charles Hoskinson, founder of Cardano (ADA), directly criticized Ethereum (ETH), saying, “They are copying ideas developed over 10 years without attribution.” This criticism arose when an Ethereum Foundation developer proposed UTXO-based payments, allegedly trying to introduce similar concepts without acknowledging Cardano's technology.

According to crypto media outlet CryptoBasic on July 8 (local time), Cardano founder Charles Hoskinson criticized Ethereum Foundation developer Toni Wahrstätter's 'Ethereum's own UTXO' proposal. Hoskinson expressed dissatisfaction, saying, “They act as if I haven't literally been researching this topic for over 10 years.”

Wahrstätter proposed handling simple payment transactions as single-use objects instead of permanent state information. He explained that by utilizing part of Bitcoin's UTXO (Unspent Transaction Output) model, the permanent state usage for simple payment transactions could be reduced by approximately 99.8%. The existing Ethereum account-based structure would be maintained.

Hoskinson evaluated Cardano's Extended UTXO (EUTXO) model as a representative innovation in smart contract design. He claimed, “Within Ethereum, mentioning Cardano is literally a crime,” and “They are trying to replicate the EUTXO concept without giving credit to Cardano.” He also explained that Cardano has been researching issues such as parallel transaction processing, reference inputs, and combining UTXO and account-based models for years.

Cardano was not mentioned in the Ethereum proposal. Wahrstätter explained that the concept was derived from the one-time payment model introduced by Bitcoin. The proposed UTXO primarily remains in transaction records rather than the permanent blockchain state, with a structure that reduces the burden of long-term storage through a block-by-block cryptographic proof system.

Hoskinson argued that Ethereum has adopted similar concepts after previously ignoring Cardano's technology. He cited on-chain governance, treasury systems, and the Ouroboros family of consensus mechanisms as examples, and also mentioned Midnight's quantum-resistant technology direction. Wahrstätter's proposal focuses on enhancing scalability and state efficiency by adding UTXO-based payments without replacing the Ethereum account model.

[Key Article Summary]

-Hoskinson criticized Ethereum for copying UTXO-related concepts that Cardano has researched for 10 years without attribution.

-An Ethereum Foundation developer proposed that utilizing the UTXO method could reduce the permanent state usage for simple payment transactions by approximately 99.8%.

-The proposal focuses on enhancing scalability and state efficiency by adding UTXO-based payments while maintaining the existing account-based structure.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*