Cardano's Hoskinson Takes Jab at Ethereum Staking

United States News News

Cardano's Hoskinson Takes Jab at Ethereum Staking
United States Latest News,United States Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

The Cardano co-founder has criticized Ethereum's staking mechanism

He noted that staking Ether required the associated keys to be made public, a requirement that raises safety concerns. As a solution, multi-signature transactions are recommended, but Buterin admits these are still somewhat difficult to set up."And you know, it gets complicated in a bunch of ways," he added., he previously called Ethereum"a dumpster fire." He also forecast that Ethereum could lose its popularity in the same way as older apps like MySpace and Netscape.

The Cardano founder has also boldly suggested that Ethereum might one day migrate to Cardano, citing the potential for Cardano to become a better, faster, and cheaper platform with higher liquidity and more users

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cardano Is 'Growing' Under Harshest Conditions: Charles HoskinsonCardano Is 'Growing' Under Harshest Conditions: Charles HoskinsonCardano founder Charles Hoskinson has come to defense of protocol in new Twitter chat
Read more »

Cardano (ADA) Price to Crash 50%, Suggests Benjamin CowenCardano (ADA) Price to Crash 50%, Suggests Benjamin CowenCardano's $ADA price history to Bitcoin $BTC sparks anxiety: Trouble on the horizon? cardano ada cardanoada cardanocommunity bitcoin btc btcusdt intocryptoverse
Read more »

Ripple (XRP) Plummets 9% Weekly, Cardano (ADA) Follows Suit: Market WatchRipple (XRP) Plummets 9% Weekly, Cardano (ADA) Follows Suit: Market WatchThe broader cryptocurrency market remains relatively flat, but XRP and ADA have declined substantially in the past week.
Read more »

Cardano (ADA) Painted Trend Reversal Pattern: DetailsCardano (ADA) Painted Trend Reversal Pattern: Details$ADA has been in descending trend recently, but this new pattern might bring hope back to investors
Read more »

XRPL Developer Unveils Benefits of XRP EVM Sidechain: DetailsXRPL Developer Unveils Benefits of XRP EVM Sidechain: DetailsCrucial importance of XRPL EVM sidechain unveiled by Peersyst Technology
Read more »

Ethereum price won't see $2K anytime soon, market data suggestsEthereum price won't see $2K anytime soon, market data suggestsSeveral bearish signals for Ethereum price suggest $2,000 will be tough to crack.
Read more »



Render Time: 2025-03-10 06:02:43