Cardano founder ‘fundamentally rejects’ tortoise-hare analogy for the blockchain
Talk to CryptomileCharles Hoskinson, Cardano’s founder and CEO of I / O, discussed how blockchain can revolutionize the world.
During the discussion, the turtle and rabbit analogy was broken. This claims that Cardano is slow to release development.
In this regard, Hoskinson said the analogy “irritated” him and “basically rejected” Cardano because it was the first or almost the first in some techniques.
Cardano has long been accused of being a turtle
Cardano Is described as a third-generation platform developed in a formal method for achieving scalability, interoperability, and sustainability blockchain beliefs in the real world.
Formal methods refer to the use of scientific methods, including discovery, peer review, and cryptographic research.
As a systematic and systematic approach, development releases have been postponed in the past. The latest example of this is the Vasil upgrade, which was originally scheduled for release on June 29th.
However, after the core team meeting, it was decided to postpone the upgrade to the last week of July. Hoskinson said the cause of this was the “measure three times and cut once” order sent to the engineer after the terra implosion.
Hoskinson disagrees for these reasons
As far as the turtle rabbit analogy is concerned, Hoskinson replied that Cardano was one of the first proof of stake protocols on the market.
As expected, the comparison with Ethereum was made when Cardano commented that it pushed Ethereum to the PoS post, even though it followed a slow and systematic development path through peer review.
“We were one of the first third generations to bring PoS to market. Ethereum hasn’t joined PoS yet and had a two-year lead …”
In addition, Hoskinson made a similar point that Cardano was the first protocol to use the Extended Unspent Transaction Output (eUTXO) accounting model.
This is a Bitcoin adaptation UTXO An accounting model that works by using previous transactions to calculate each transaction spending output. This will allow transactions to use the new output in the future.
The eUTXO The model improves the UTXO model by supporting expressive scripts, allowing for more sophisticated and complex operations.
To conclude, the founder of Cardano said that when people say we are late, it “irritates” him. Still, he argued that taking additional time was the right thing to do to build the infrastructure that is here 100 years from now.
