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