Cardano ‘Ghost Chain’ Claims Challenged as Hoskinson Confirms Adam Back’s Revelation

Cardano supporters are defending the network against claims that it has little real-world use amid ongoing debate over the UTXO model and Ethereum’s early design. This comes as Blockstream CEO Adam Back said he had advised Ethereum to use the unspent transaction output (UTXO) model before launch. At the time, he warned that Ethereum’s virtual-machine design could cause race conditions. Interestingly, Cardano founder Charles Hoskinson confirmed the conversation, saying , “I can confirm. I was in that call.” Amid this revelation, Cardano representative Dori said more people in the crypto industry are starting to recognize Cardano’s value after years of criticism. While many critics see Cardano as a “ghost chain” that peaked in 2018, Dori believes new developments are changing that perception.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to The Crypto Basic.