Ethereum Faces Plagiarism Jabs as Hoskinson and Adam Back Weigh In On UTXO Proposal

Key highlights:

  • Ethereum researchers are mulling the introduction of native UTXOs for payments on the network
  • Charles Hoskinson slams Ethereum for failing to credit Cardano for rolling out EUTXO
  • Ethereum is bracing for a raft of network changes over the next four years

As Ethereum tries to reinvent itself, a new proposal from an Ethereum Foundation researcher to introduce native UTXOs for payments has sparked criticism from prominent ecosystem players. Cardano founder Charles Hoskinson and cryptographer Adam Back argue that the idea rehashes concepts pioneered years ago by Bitcoin and Cardano.

Ethereum proposes native UTXOs for payments

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Meanwhile, Buterin is tinkering with an “extremely lean chain” vision, stripping down the Ethereum consensus layer to the barest. His ambitious plan will see validators generate STARK proof of their participation and balance changes, reducing the burden on the network by a large margin.

Ahead of the incoming changes, several Ethereum research organizations have launched to prepare the network for mainstream institutional use. Both Ethlabs and Ethereum Institutional, operating as research-focused nonprofits, have the backing of Ethereum whales.

Source:: Ethereum Faces Plagiarism Jabs as Hoskinson and Adam Back Weigh In On UTXO Proposal