Charles Hoskinson, the founder of digital asset Cardano (CRYPTO: $ADA), is criticizing the Ethereum Foundation’s innovation strategy.
Specifically, Hoskinson has accused the Ethereum Foundation of copying Cardano’s biggest innovation, its Extended Unspent Transaction Output (EUTXO) model.
Hoskinson also says that Ethereum’s upgrade strategy is illegal as it borrows too liberally from Cardano’s playbook.
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The fight has erupted after Ethereum co-founder Vitalik Buterin earlier this week promoted his “Lean Ethereum” roadmap that is aimed at creating a lighter and leaner protocol.
On social media, Hoskinson wrote: “It’s literally a crime in the Ethereum inner circles to mention Cardano. EUTXO is the biggest innovation of the smart contract world and Ethereum cannot mention it as they literally try to copy it.”
The Cardano founder adds that he has spent more than a decade developing the EUTXO design that powers his blockchain’s smart contracts.
The ADA blockchain tracks funds as individual unspent outputs rather than running account balances. However, he claims Ethereum developers refuse to acknowledge his work.
The fight arrives on a day when crypto prices are sharply lower as crude oil prices spike amid renewed fighting between the U.S. and Iran.
Ethereum (CRYPTO: $ETH), the second largest cryptocurrency by market capitalization, is trading at $1,740 U.S. on July 8.
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