Cardano Founder Challenges Critics on Security Claims - ELEVENEWS
Cardano founder Charles Hoskinson has fired back at critics who have questioned the security features of the Cardano blockchain. In a recent tweet, Hoskinson called out the competition for spreading...
Cardano founder Charles Hoskinson has fired back at critics who have questioned the security features of the Cardano blockchain.
In a recent tweet, Hoskinson called out the competition for spreading misinformation about the platform’s EUTXO model. He specifically responded to a tweet from a user who claimed that the design choices of Cardano’s secure formal verification were being ridiculed by experts in the field. The Extended Unspent Transaction Output (EUTXO) model is an innovation in the blockchain space introduced by Cardano. It builds upon the traditional UTXO model used by Bitcoin, where users spend unspent transaction outputs rather than account balances.
In a recent tweet, Hoskinson called out the competition for spreading misinformation about the platform’s EUTXO model. He specifically responded to a tweet from a user who claimed that the design choices of Cardano’s secure formal verification were being ridiculed by experts in the field. The Extended Unspent Transaction Output (EUTXO) model is an innovation in the blockchain space introduced by Cardano. It builds upon the traditional UTXO model used by Bitcoin, where users spend unspent transaction outputs rather than account balances.
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