Charles Hoskinson Highlights Cardano’s eUTxO and Its Impact on App Development

Cardano founder Charles Hoskinson has emphasized the significance of the network’s Extended Unspent Transaction Output (eUTxO) technology, specifically highlighting its potential to boost Decentralized Application (DApp) development. His comments come after a recent post by TxPipe, an open-source infrastructure provider, on X detailing Cardano and eUTxO’s reputation as a developer-friendly platform. 4 2023. Hoskinson expressed his enthusiasm for the new development. According to him, eUTxO’s simplified development model can significantly accelerate DApp development. He acknowledges, however, that further work is needed on clarity and accessibility. TxPipe addressed this by introducing Tx3, a toolkit that simplifies DApp development by abstracting away technical complexities of UTxO technology and providing users with a user-friendly interface for interaction.