Ethereum developers proposed EIP-8141 to integrate Bitcoin-style UTXO mechanics, similar to Cardano's eUTXO model, to reduce database growth by 99.8%. Cardano founder Charles Hoskinson criticized Ethereum for adopting this approach without acknowledging Cardano's pioneering work. The move aims to address Ethereum's scaling issues caused by its account-based system, but combining models poses compatibility challenges for existing DeFi apps. Ethereum must now choose between continued database growth or adopting a hybrid model validating Cardano's solution.
Ethereum researcher Toni Wahrstätter proposed a new payment model using native UTXOs to reduce Ethereum's blockchain state size by about 99.8%, inspired by Bitcoin's UTXO system. This approach contrasts with Ethereum's current account-based system an...
Clearstream, a major European post-trade services provider under Deutsche Börse Group, has expanded its cryptocurrency custody services beyond Bitcoin and Ethereum. The new additions include XRP, Stellar (XLM), Cardano (ADA), Solana (SOL), Litecoin (...
Cardano (ADA) fell 4% to around $0.18 on July 6, becoming the weakest among top 10 cryptos due to long liquidations and falling open interest. Founder Charles Hoskinson remains optimistic, highlighting the upcoming Leios upgrade that could increase t...
Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major...
SecondFi has announced it will not return to normal operations following a security breach that drained about 16 million ADA from 374 wallets. EMURGO, the company behind SecondFi, is prioritizing asset recovery for affected users and has halted produ...
