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Charles Hoskinson Suggests the Community Referring to the New Functionality of Cardano as “Programmable Validators”
Summary: Charles Hoskinson, the founder of Cardano, recently tweeted that the term “smart contract” is actually a misnomer when it comes to Cardano. Instead, he suggests that the community has to refer to the new functionality as “programmable validators.” The semantical inaccuracy was initially noted by IOG developer Matthias Benkort. In his thread, he claims that ...
Charles Hoskinson, the founder of Cardano, recently tweeted that the term “smart contract” is actually a misnomer when it comes to Cardano. Instead, he suggests that the community has to refer to the new functionality as “programmable validators.”
The semantical inaccuracy was initially noted by IOG developer Matthias Benkort. In his thread, he claims that Cardano’s programmability is drastically different from competing blockchains of the likes of Ethereum and Solana because of its eUTXO transaction model. Hence, smart contracts cannot be actually deployed on Cardano.
Benkort further explains that the community tends to mix up validators and smart contracts. Yet, he acknowledges that adopting other terms, such as “on-chain validators,” will be challenging from a marketing perspective.
By Amy Liu
Tags: Cardano,Charles Hoskinson
Link: Charles Hoskinson Suggests the Community Referring to the New Functionality of Cardano as “Programmable Validators” [Copy]
