Charles Hoskinson questions ETH staking review plans
Ethereum co-founder Vitalik Buterin recently admitted that his cryptocurrency's network has centralization and staking issues. At an event in Turkey, he suggested a change to ETH's transaction model, inspired by the unspent transaction (UTxO) approach used by other platforms such as Cardano.
Buterin's proposal was met with sarcasm by Charles Hoskinson, the founder of Cardano, who considers his platform superior to Ethereum in terms of design and functionality. Hoskinson mocked Buterin's attempt to redesign Ethereum's staking structure on Twitter last Friday, saying: “Don't worry, Ethereum 3 will have everything sorted.”
The rivalry between Ethereum and Cardano is long-standing and reflects their creators' different views on the future of cryptocurrencies. While Ethereum seeks to adapt to market demands and solve its technical challenges, Cardano presents itself as a more robust and innovative solution, based on scientific research and mathematical principles.