Cardano’s Hoskinson ERC-20, Ethereum's Greatest Technical Feat

  • Hoskinson praises ERC20’s first formal spec as a historic achievement for Ethereum.

  • Rosu proposes a K-powered blockchain to reduce errors and boost smart contract efficiency.

  • Ethereum’s value climbs 1.84%, solidifying its rank as the second-largest cryptocurrency.

Cardano founder Charles Hoskinson recently highlighted the achievement in Ethereum’s development. On social media, Hoskinson lauded the ERC-20 token standard, calling it “the best piece of work” in Ethereum’s history. This recognition highlights the crucial early advancement for Ethereum – the ERC-20 token standard.

This was one of the best pieces of work in the history of Ethereum https://t.co/9UAz6kWS2M

— Charles Hoskinson (@IOHK_Charles) August 29, 2024

Grigore Rosu, founder of programming language companies, Pi Squared and Runtime Verification, also chimed in on his X handle to emphasize the importance of the first formal specification for ERC-20 tokens, developed in 2017.

“Feels like yesterday… 7 years ago,” Rosu reminisced, acknowledging contributions from Vitalik Buterin, Philip Daian, and Charles Hoskinson. Rosu even proposed the idea of a K-powered blockchain or Layer 2 solution wh…

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