Cardano now second-largest staking network after Ethereum CardanoADA CardanoCommunity ADA $ADA BuildingonCardano
Cardano's staking mechanism
The Cardano blockchain uses a staking mechanism based on game theory rather than slashing. The implications of Cardano's design choice are: First,Second, Cardano's ADA delegation does not give the stake pool operator ownership of them. The custody of the ADA cryptocurrency delegated to a Cardano stake pool is always under the control of the owner's private key.
"Ethereum staking is problematic. Temporarily giving up your assets to someone else to have them get a return looks a lot like regulated products. Slashing and bonds not so good. Non-custodial liquid staking on the other hand is like the mining pools we've used for 13 years," he stated. Hoskinson added:"All proof of stake protocols might get lumped together due to a fundamental misunderstanding about the actual facts of operation and design [of staking]."
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Cardano CEO Says Ethereum Staking Is Problematic, Here's WhyCardano CEO IOHK_Charles reveals why he is not a fan of Ethereum staking
Lire la suite »
Cardano (ADA) Primed for Rebound Based on This Key FactorCardano's advanced decentralized staking model is receiving industry accolades
Lire la suite »
Ether Liquid Staking Tokens Jump on Rumors of SEC Ban for Staking ProvidersLiquid staking tokens such as $LDO and $SD jumped overnight as investors bet on growth in decentralized staking products amid rumors of their centralized counterparts facing a possible ban in the U.S. By shauryamalwa
Lire la suite »