Ethereum and Cardano are two popular smart contract platforms. While the latter is peer-reviewed and led by research, Ethereum enjoys a first-mover advantage and has the largest total value locked (TVL) if decentralized finance (DeFi) is a leading metric.
However, one user on X thinks Cardano is ahead of Ethereum on features. This position was highlighted following a paper released by Ethereum’s co-founder, Vitalik Buterin, on November 14.
Is Ethereum Playing Catch Up With Cardano?
Taking to X on the same day, @JaromirTesar, a Cardano supporter, said Buterin’s paper pointed out liquid staking and touched on the Unspent Transaction Output (UTXO) model complete with a solution that the user thinks is similar to Hydra.
Hydra is a layer-2 scaling solution in Cardano that uses state channels, similar to the Lightning Network (LN) architecture. The goal of this solution, like in layer-2 scaling options in Ethereum like Arbitrum and OP Mainnet, is to increase throughput and lower tran
We współpracy z: https://bitcoinist.com/ethereum-playing-catchup-with-cardano-heres-why/
