Ethereum

Cardano

Core

Show

<p>Charles Hoskinson, the co-founder of Ethereum and creator of Cardano, has once again ignited discussions in the cryptocurrency space with his recent retweet. In a seemingly subtle jab towards his former project, Hoskinson retweeted a user who praised the innovations on Cardano’s blockchain while highlighting the efficiency and potential superiority of its EUTXO model and native assets over Ethereum’s model.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="944" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-944x1024.png" alt="" class="wp-image-302566" srcset="https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-944x1024.png 944w, https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-277x300.png 277w, https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-768x833.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-1416x1536.png 1416w, https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-1888x2048.png 1888w, https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-138x150.png 138w, https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-100x108.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-323x350.png 323w, https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30-788x854.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/08/Screenshot-2023-08-01-at-23.37.30.png 1178w" sizes="(max-width: 944px) 100vw, 944px"> 
</figure> 
<h2 class="wp-block-heading" id="strong-eutxo-model-and-native-assets-the-backbone-of-cardano-s-advancements-strong"><strong>EUTXO Model and Native Assets: The Backbone of Cardano’s Advancements</strong></h2> 
<p>Cardano’s EUTXO model, introduced with the Alonzo upgrade, represents a significant step forward in blockchain technology. Building upon the traditional UTXO model, EUTXO brings support for multi-assets and smart contracts to the platform. Deterministic transactions within this model offer users a level of confidence in their status before being confirmed on the blockchain, while parallelization enhances security and scalability.</p> 
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:"> 
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"> <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i> 
  <div class="rh-colortitle-inbox-label">
    Unibot: Trading Intelligence that Makes You 7x More Successful. 
  </div> 
 </div> 
 <div class="rh-colortitlebox-text"> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px"> 
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>Discover the edge in crypto trading with <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Unibot" href="https://captainaltcoin.com/go/unibot/" data-shortcode="true">Unibot</a> – a user-friendly Telegram bot that boasts a 35% profitability rate amongst users, seven times higher than the average trader! Experience top-notch features like decentralized copytrading, DEX-based limit orders, and protection against MEV bots. <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Unibot" href="https://captainaltcoin.com/go/unibot/" data-shortcode="true">Click here</a> to register and make your trades count!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span> 
   </div> 
  </div> 
 </div> 
</div> 
<p>A standout feature of Cardano’s EUTXO model is the incorporation of native assets alongside ADA, the platform’s primary cryptocurrency. Native assets open the door to diverse use cases and are governed by minting policies written in Haskell and compiled into Plutus Core, the native smart contract language for Cardano.</p> 
<h2 class="wp-block-heading" id="strong-plutus-the-powerhouse-for-smart-contracts-strong"><strong>Plutus: The Powerhouse for Smart Contracts</strong></h2> 
<p>Plutus, a Turing-complete language based on Haskell, empowers Cardano’s smart contract capabilities. By leveraging Plutus, developers can ensure secure and correct execution of their smart contracts. Plutus Core, the scripting language for Cardano’s EUTXO model, enables developers to write validator scripts in Haskell, which are then executed during transaction validation on the blockchain.</p> 
<p>In the context of native tokens, Plutus Core policy scripts play a crucial role in the minting and burning process, granting control over the creation and destruction of these assets in a trustless manner.</p> 
<h2 class="wp-block-heading" id="strong-a-deeper-look-ahead-strong"><strong>A Deeper Look Ahead</strong></h2> 
<p>As the crypto community engages in debate over the potential advantages of Cardano’s EUTXO model and native assets, it’s crucial to delve further into the nuances of these advancements. As with any emerging technology, understanding the implications and limitations is essential in assessing the broader impact on the blockchain space.</p> 
<p>While Hoskinson’s tweet has certainly piqued interest, it remains to be seen how the market and industry players respond to the ongoing developments on both Cardano and Ethereum.</p> 
<p><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">Cardano’s</a> price today is $0.306297 per ADA coin, which represents a -1.14% decrease over the last 24 hours. The total market capitalization stands at $11 billion, with a circulating supply of 45 billion ADA. In the past day, $437 million worth of ADA has been traded on exchanges. Cardano currently ranks as the 8th largest cryptocurrency by market cap. While the recent price drop may disappoint some investors, Cardano maintains a strong position in the overall crypto market thanks to its innovative proof-of-stake blockchain and robust development roadmap.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1024" height="699" src="https://captainaltcoin.com/wp-content/uploads/2023/08/image-47-1024x699.png" alt="" class="wp-image-302574" srcset="https://captainaltcoin.com/wp-content/uploads/2023/08/image-47-1024x699.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-47-300x205.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-47-768x524.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-47.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-47-2048x1397.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-47-220x150.png 220w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-47-100x68.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-47-513x350.png 513w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-47-788x537.png 788w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
<p><em>Disclaimer: The content of this article is for informational purposes only and should not be considered as financial or investment advice. Always conduct thorough research before making any investment decisions.</em></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/hoskinson-takes-a-swipe-at-ethereum-while-hailing-cardanos-innovations/">Hoskinson Takes a Swipe at Ethereum While Hailing Cardano’s Innovations</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Hoskinson Takes a Swipe at Ethereum While Hailing Cardano’s Innovations

Tabla de contenidos

CaptainAltcoin

Otros artículos publicados el 1 ago 2023

Bitcoin Takes a Backseat, Ethereum and XRP Dominate July's Crypto Market: Report

CBDC: gateway to state control or monetary innovation?

‘Rich dad’ Kiyosaki disputes WSJ’s economic narrative, favors bitcoin

BRICS Currency To Be Discussed at Summit: Russian Leader

LaveVers NC and @DAOLama

New Evidence Points to Alameda and FTX’s Involvement in the Creation of Bald

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!