Ethereum Founder Vitalik Buterin Wants to Improve ETH Staking, Cardano Founder Reacts Sarcastically

Ethereum Founder Vitalik Buterin Wants to Improve ETH Staking, Cardano Founder Reacts Sarcastically

By: TOGRP

November 27, 2023 8:12 AM / 0 Comments Cardano Blockchain Banking and Finance In Brief News Ethereum

Buterin is considering introducing a redesign to the staking system on his blockchain. As one of the possible solutions here, the Ethereum frontman is considering the UTxO approach, which is based on unspent transactions.

Founder of IOG and Cardano, billionaire Charles Hoskinson, who took part in the creation of Ethereum together with Vitalik Buterin, Joe Lubin and several other individuals, has commented on Buterin's recent ideas about how to improve the centralized Ethereum staking. Cardano founder's comment about Buterin's ideas was pretty sarcastic, though. In a recent interview of Vitalik Buterin in Turkey, where he answered questions from the local community, he talked about the Ethereum road map. In particular, Buterin touched on the topic of Ethereum staking as he said that "there is something to be done about staking centralization."In particular, he mentioned current issues with multiple staking pools and "solo staking being hard," summarizing that these issues and others about it are "not really healthy." Buterin is considering introducing a redesign to the staking system on his blockchain. As one of the possible solutions here, the Ethereum frontman is considering the UTxO approach, which is based on unspent transactions. Source

By: TOGRP

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