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Expert Releases Extended UTXO Model on Cardano, Hoskinson Is Happy

Expert releases EUTXO model on the Cardano network. Charles Hoskinson is enthusiastic about the innovation. Traders think this innovation can strengthen ADA’s price...
Expert Releases Extended UTXO Model on Cardano, Hoskinson Is Happy Expert Releases Extended UTXO Model on Cardano, Hoskinson Is Happy

  • Expert releases EUTXO model on the Cardano network.
  • Charles Hoskinson is enthusiastic about the innovation.
  • Traders think this innovation can strengthen ADA’s price performance.

An ardent blockchain expert, Rick McCracken has released an Extended UTXO model on the Cardano network. As brought by the innovation, CEO Charles Hoskinson is very excited.

Moreover, Hoskinson couldn’t hold his crypto happiness that made him elaborate in a tweet.

It’s almost as if this EUTXO thing is a really good idea or something

In reply to a question on what EUTXO is, Hoskinson first mentioned that the Cardano network has already implemented the EUTXO innovation. After this, he explained that “EUTXO is the single more useful and scalable model in the industry.”

In fact, Hoskinson’s response shows that he is pretty bullish on having the EUTXO model on Cardano. The EUTXO will provide intuitive support to speed up the ADA network for transactions. Interestingly, this confirms a statement that “evolution is an answer to the emerging innovations.” in the digital finance space.

We present Extended UTXO (EUTXO), an extension to Bitcoin’s UTXO model that supports a substantially more expressive form of validation scripts, including scripts that implement general state machines and enforce invariants across entire transaction chains.

Furthermore, traders strongly believe that Cardano (ADA) is ready to ignite its performance in the market. This will help ADA appear versatile for a better reputation with an impressive portfolio to wipe out the present Fear, Uncertainty, and Doubt (FUD) speculation around it.

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19-01-2022 14:58:39 (UTC+7)

EUR/USD

1.1351

+0.0027 (+0.23%)

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↑ Buy

Moving Avg:

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Indicators:

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EUR/USD

1.1351

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↑ Buy

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Buy (12)

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Buy (7)

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GBP/USD

1.3625

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USD/JPY

114.25

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Sell (12)

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Buy (1)

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AUD/USD

0.7226

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Buy

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USD/CAD

1.2488

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EUR/JPY

129.70

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EUR/CHF

1.0391

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Copper Futures

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85.55

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US Coffee C Futures

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Euro Stoxx 50

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S&P 500

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US Small Cap 2000

2,078.45

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IBEX 35

8,774.90

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BASF SE NA O.N.

67.800

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Bayer AG NA

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Adidas AG

253.60

-0.60 (-0.24%)

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Deutsche Lufthansa AG

6.820

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Siemens AG Class N

144.34

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Deutsche Bank AG

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 EUR/USD1.1351↑ Buy
 GBP/USD1.3625↑ Sell
 USD/JPY114.25↑ Sell
 AUD/USD0.7226Buy
 USD/CAD1.2488↑ Sell
 EUR/JPY129.70Neutral
 EUR/CHF1.0391↑ Sell
 Gold1,843.45↑ Buy
 Silver24.242↑ Buy
 Copper4.4570↑ Buy
 Crude Oil WTI85.55Buy
 Brent Oil88.15Buy
 Natural Gas4.025↑ Sell
 US Coffee C244.00↑ Sell
 Euro Stoxx 504,268.28↑ Buy
 S&P 5004,572.90↑ Buy
 DAX15,809.72↑ Buy
 FTSE 1007,589.66↑ Buy
 Hang Seng24,127.85↑ Buy
 Small Cap 20002,078.45↑ Buy
 IBEX 358,774.90↑ Sell
 BASF67.800Buy
 Bayer52.12↑ Sell
 Allianz223.80Buy
 Adidas253.60↑ Sell
 Lufthansa6.820↑ Sell
 Siemens AG144.34↑ Buy
 Deutsche Bank AG11.784Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,115/ 6,155
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SJC HCM6,115/ 6,175
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SJC Hanoi6,115/ 6,177
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SJC Danang6,115/ 6,177
(0/ 0) # 1,173
SJC Nhatrang6,115/ 6,177
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SJC Cantho6,115/ 6,177
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