Does Cardano have good security assumptions?

Question

Ergo Platform

Me (The Self Soveriegn Bank of)

Does Cardano have good security assumptions?

#cryptocurrency #english #ergo

0

29.11.2023

4 ответов

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DiscordBridge

[@dΣathgripson] Cant speak to this exactly, it seems like they have extremely educated people working on it. Im not super bullish on the security of PoS but at the same time I think its just a fundamentally different model than PoW which is what I am totally comfortable with. At first I was pretty into cardano then I got sort of resistant to it, at this point I am interested in any tech but am not holding my hopes super high for anything I dont fully understand.

0

5 месяцев назад

Me (The Self Soveriegn Bank of) Автор вопроса

DiscordBridge
[@dΣathgripson] Cant speak to this exactly, it see...

That's a smart approach. I think that's why some people only hold BTC. There's tons of education information on it to understand how it works. Like when I first learned about crypto it took only a couple days and some internet searches to be convinced it's very secure.

0

5 месяцев назад

DiscordBridge

Me (The Self Soveriegn Bank of)
That's a smart approach. I think that's why some p...

[@dΣathgripson] Yea BTC fundamentals like self custody are what I find super important about cryptocurrency

0

5 месяцев назад

Mar Bondicat · Accepted Answer

Mar Bondicat

decentralized validators group make a good security since the bad guys will be punished heavily. like on eth, you will lose 32 eth and the chain recovers normal

0

5 месяцев назад

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Does Cardano have good security assumptions?

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