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

23d ago
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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.

23d ago
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