2018-7-12 09:14 |
Even in an industry that’s seen no shortage of grand proclamations, those words, issued by entrepreneur Charles Hoskinson in April, grabbed attention.
Given the size of the claim (and its impact), it’s an assertion that sparked doubt from cardano’s more prominent competitors.
Soon to power the public blockchain cardano, Ouroboros may one day support the world’s eighth-largest cryptocurrency, with its 25 billion ADA tokens worth $3.3 billion.
And a look at the history of proof-of-stake systems perhaps showcases why so much money is on the line.
For example, speaking on reddit, ethereum founder Vitalik Buterin warned one security assumption of the blockchain could allow hacker to create false histories on the blockchain.
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