The post EMURGO Cardano Pentad Withdrawal Signals Governance Shift appeared on BitcoinEthereumNews.com.
One of Cardano’s founding organizations is stepping back from the ecosystem’s most prominent governance coalition — not because of a strategic shift, but because of a security failure that drained millions of dollars from hundreds of users. EMURGO’s withdrawal from Cardano’s Pentad governance group is a direct consequence of last month’s exploit on the SecondFi wallet, a product EMURGO itself built and launched. Key takeaways EMURGO is stepping down from Cardano’s Pentad governance group to focus on recovering user funds lost in the SecondFi wallet exploit. The exploit drained approximately 16 million ADA — worth about $2.4 million at the time — from 374 wallets. EMURGO expects to reimburse affected users within two weeks through a structured recovery plan. Pentad, formed earlier this year, groups Input Output Global, the Cardano Foundation, Intersect, the Midnight Foundation, and EM
The post Charles Hoskinson Says Ethereum Is Adopting Cardano Ideas Without Credit appeared on BitcoinEthereumNews.com.
Hoskinson argues Cardano’s years of research deserve recognition as Ethereum explores similar technical approaches. Charles Hoskinson has accused Ethereum of adopting ideas pioneered by Cardano without acknowledgment. The Cardano co-founder made the claim following a proposal by Ethereum researcher Toni Wahrstätter to bring native UTXOs to the network as a way of cutting long-term state storage for payment transactions. Ethereum Is Revisiting Cardano’s Work According to Hoskinson, Wahrstätter’s research closely mirrors concepts Cardano has been developing since its launch. “It’s literally a crime in the Ethereum inner circle to mention Cardano,” he wrote on X. “EUTXO is the biggest innovation of the smart contract world and Ethereum cannot mention it as they literally try to copy it.” Wahrstätter’s proposal describes a payment model that stores only a small “spent” m
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The post ADA bulls eye $0.20 as Cardano founder says Ethereum is adopting its eUTXO concept appeared on BitcoinEthereumNews.com.
Cardano (ADA) remains above 10% higher despite a 24-hour pullback. Hoskinson says Ethereum is adopting eUTXO-inspired ideas. Focus is on the $0.20 resistance level. Cardano is drawing renewed attention after a week of strong gains, even as the token pulled back to around $0.17. The latest price movement comes alongside fresh debate over blockchain architecture after Cardano founder Charles Hoskinson claimed that Ethereum is beginning to adopt ideas that Cardano has championed for years through its Extended Unspent Transaction Output (eUTXO) model. At the time of writing, ADA was trading at $0.1674, down 6.6% over the past 24 hours. Despite the daily decline, the cryptocurrency remained 10.2% higher over the previous seven days and 12.8% higher over the last two weeks, showing that bulls have retained much of the momentum built during the recent rally. The rec
Cardano (ADA) remains above 10% higher despite a 24-hour pullback. Hoskinson says Ethereum is adopting eUTXO-inspired ideas. Focus is on the $0.20 resistance level. Cardano is drawing renewed attention after a week of strong gains, even as the token pulled back to around $0.17. The latest price movement comes alongside fresh debate over blockchain architecture […]
The post ADA bulls eye $0.20 as Cardano founder says Ethereum is adopting its eUTXO concept appeared first on CoinJournal.
The post Cardano Price Prediction: ADA Pulls Back to $0.17 After a Strong Weekly Rally as Bulls Watch $0.20 and $0.22 Reclaim appeared on BitcoinEthereumNews.com.
Cardano price holds near $0.17 after a strong weekly rally, with bulls watching $0.20 and $0.22 as key reclaim levels before $0.30. Cardano price is trading near $0.17 after a weaker 24-hour session, according to Brave New Coin data. ADA is down around 4.84% on the day, with the price moving between a low near $0.17 and a high around $0.18. Market cap sits close to $6.35 billion, while daily volume is around $339 million. Even with the latest pullback, ADA is still coming off one of its strongest short-term rallies in recent weeks. ADA Price Pullbacks Despite Weak Conditions Cardano has been one of the more active large-cap altcoins recently. Daan Crypto Trades pointed out that ADA posted a big rally over the past week and stood out compared to many other major coins. That matters because when a coin like Cardano starts outpe
The post Ethereum Faces Plagiarism Jabs as Hoskinson and Adam Back Weigh In On UTXO Proposal appeared on BitcoinEthereumNews.com.
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 In a post, Ethereum Foundation researcher Toni Wahrstatter proposed a plan to reduce Ethereum’s long-term state growth by making simple payments “one-shot objects.” According to the proposal, the objects will be removed after
The post Cardano Founder Hoskinson Claims Ethereum Is Secretly Copying Its Biggest Innovation appeared on BitcoinEthereumNews.com.
Cardano (ADA) founder Charles Hoskinson has accused Ethereum of copying Cardano’s Extended Unspent Transaction Output (EUTXO) model while treating any mention of the project as taboo. A new Ethereum research proposal triggered the outburst. Ethereum Foundation researcher Toni Wahrstätter published the design this week. It treats payments as one-shot objects, meaning temporary entries rather than permanent state records. Native UTXO Proposal Targets Ethereum State Growth On Ethereum, the first payment to any address writes a permanent state entry. Wahrstätter argues that most simple payments never need one. Instead, his proposal proves a payment’s existence from history and keeps only a single spent marker in state. Bitcoin (BTC) pioneered these one-shot objects. Each payment exists once, gets spent once, and then disappears from the ledger’s active memory.
