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MainNewsSui/CETUS Ha...

Sui/CETUS Hack Aftermath: Top Experts Grapple With Ideals vs. Real PoS System Practicalities


by Ikemefula Aruogu
for CoinEdition
James Hunsaker (Monad) Anatoly Yakovenko (Solana) Debate Blockchain PoS Decentralization Forking Issues Post SUI CETUS Hack.
  • Monad’s James Hunsaker joins decentralization debate with Solana’s Yakovenko after SUI/CETUS incident response.
  • Hunsaker argues PoS forking by minorities is tough due to concentrated stakes held by insiders on most chains.
  • Yakovenko emphasizes user demand as key power in blockchain decentralization; Hunsaker notes Circle/Tether influence.

More blockchain experts are now joining the decentralization debate following the SUI team’s direct intervention in the aftermath of the CETUS DEX multi-million dollar exploit. 

Monad’s co-founder, James Hunsaker, has responded directly to earlier comments from Anatoly Yakovenko, who stated that a blockchain solution cannot be decentralized if a minority group can unilaterally block the majority from making changes or functioning.

Hunsaker Highlights Forking Complexities in PoS Syste…

The post Sui/CETUS Hack Aftermath: Top Experts Grapple With Ideals vs. Real PoS System Practicalities appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsSui/CETUS Ha...

Sui/CETUS Hack Aftermath: Top Experts Grapple With Ideals vs. Real PoS System Practicalities


by Ikemefula Aruogu
for CoinEdition
James Hunsaker (Monad) Anatoly Yakovenko (Solana) Debate Blockchain PoS Decentralization Forking Issues Post SUI CETUS Hack.
  • Monad’s James Hunsaker joins decentralization debate with Solana’s Yakovenko after SUI/CETUS incident response.
  • Hunsaker argues PoS forking by minorities is tough due to concentrated stakes held by insiders on most chains.
  • Yakovenko emphasizes user demand as key power in blockchain decentralization; Hunsaker notes Circle/Tether influence.

More blockchain experts are now joining the decentralization debate following the SUI team’s direct intervention in the aftermath of the CETUS DEX multi-million dollar exploit. 

Monad’s co-founder, James Hunsaker, has responded directly to earlier comments from Anatoly Yakovenko, who stated that a blockchain solution cannot be decentralized if a minority group can unilaterally block the majority from making changes or functioning.

Hunsaker Highlights Forking Complexities in PoS Syste…

The post Sui/CETUS Hack Aftermath: Top Experts Grapple With Ideals vs. Real PoS System Practicalities appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Tron Past Cardano: Can Dominance in $118 Billion Daily Stablecoin Market Push TRX Price to $1?

Tron Past Cardano: Can Dominance in $118 Billion Daily Stablecoin Market Push TRX Price to $1?

Tron (TRX) finds itself right at the center of some compelling developments. Often se...
Crypto Trader Loses $28 Million HYPE Token Profit in 4 Days, Lookonchain Reports

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