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Hoskinson criticizes Vitalik for not acknowledging Cardano’s staking innovations

Hoskinson criticizes Vitalik for not acknowledging Cardano’s staking innovations


Cardano founder and Ethereum co-creator Charles Hoskinson criticized Vitalik Buterin in a tweet on Nov. 25 for not acknowledging Cardano (ADA) for its innovations in staking.

Hoskinson’s remarks followed a recent interview, where Buterin discussed the Ethereum roadmap and proposed redesigning Ethereum’s (ETH) staking system to combat issues around centralization.

During the interview, Buterin went over potentially adopting the UTxO approach, which relies on unspent transactions, to address these challenges. This model differs from Ethereum’s current account-based system and is used by some blockchains, such as Bitcoin and Cardano.

The crypto community was quick to point out that this solution is similar to the approach Cardano has taken with its staking system. Hoskinson’s response to Buterin’s proposal was notably sarcastic, as he wrote:

“No worries, Ethereum 3 will have it all sorted.”

This isn’t the first instance of Hoskinson critiquing Ethereum’s staking system, having previously pointed out its inconveniences and similarities to features already implemented in Cardano’s ADA staking. His tweet highlighted a perceived delay in Ethereum’s development and adaptation.

Hoskinson further stated that the tweet was not an attempt at “fueling hostilities” but rather an expression of his confusion. He said:

“I am truly at a loss that Cardano can never be mentioned as an innovative ecosystem over on team E. V is rediscovering what we’ve been working on for almost a decade, and it’s like a new revelation.”

Buterin’s interview

Buterin was interviewed by DeFi and NFT platform Defiant in Turkey on Nov. 24, with most of the conversation on Ethereum’s roadmap.

Buterin addressed the pressing issue of staking centralization. He emphasized the need to redesign Ethereum’s staking mechanism to promote healthier mining and staking pools, thereby enhancing decentralization.

The initiative is a response to the challenges posed by data availability…

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