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Reading: Cardano Founder Addresses Network Security Concerns
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Mycryptopot > News > Crypto > Altcoins > Cardano Founder Addresses Network Security Concerns
Altcoins

Cardano Founder Addresses Network Security Concerns

December 14, 2024 3 Min Read
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Cardano Founder Addresses Network Security Concerns
mycryptopot

Ethereum Basis researcher Justin Drake’s declare concerning the Cardano community was mentioned by Cardano founder Charles Hoskinson in a current X put up.

Justin Drake not too long ago appeared on the Paul Barron community present, the place he mentioned the proposed Beam Chain improve to boost Ethereum’s consensus layer with quicker finality and zero-knowledge proof integration. A part of the dialogue sought to reply the questions, “Is liquid staking a direct risk to Ethereum?” and “Is Cardano staking superior to Ethereum?”

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The subject in query raised some misconceptions, main Hoskinson to elaborate on the robust safety mannequin that helps the mission, which he drew inspiration from for Bitcoin’s design.

Hoskinson responded, “I suppose he does not perceive how Nakamoto consensus works or Ouroboros, for that matter. Cardano’s safety mannequin was impressed by Bitcoin’s design. We do not have BFT type rounds.” He highlighted that Cardano’s method doesn’t require slashing, and it enjoys 50% Byzantine resistance.

This man is the chief scientist??? I suppose he does not perceive how nakamoto consensus works or Ouroboros, for that matter. Cardano’s safety mannequin was impressed by Bitcoin’s design. We do not have BFT type rounds.

You do not want slashing, and it enjoys 50 % byzantine… https://t.co/XvHO1aftBf

— Charles Hoskinson (@IOHK_Charles) December 11, 2024

Not like classical Byzantine Fault Tolerance (BFT) protocols, Cardano employs a unique notion of finality. Hoskinson expressed shock that, even after seven years, Ethereum’s scientists haven’t engaged with Cardano’s analysis or studied its community. This lack of engagement has led to misunderstandings about Cardano’s capabilities and safety mechanisms.

X neighborhood react

X customers supplied context to the Paul Barron Community’s tweet, revealing the misunderstanding that the tweet framed.

mycryptopot

They acknowledged that Cardano by no means finalizes two conflicting checkpoints. In concept, discrepancies might be settled in 36 hours, however in follow, they’re often sorted out in 40 seconds.

Considering that Cardano, like Ethereum, is topic to the identical inconsistencies that invalidate the existence of slashing is a gross misunderstanding. That is in keeping with what the Cardano founder has all the time been arguing, Cardano requires slashing and never needslashing. For instance, slashing is the punishment of the validators on (PoS) networks, akin to Ethereum, after they commit infractions like double signing or an invalid transaction.

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