Cardano founder points out flaws in Ethereum and Bitcoin
Charles Hoskinson, the founder of Cardano, shares his critical views
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Flaws
Crypto Exchange KuCoin Highlights Flaws in DeFi Platform Acala's Post-Exploit Proposal
The exchange has pinpointed several mistakes in the platform’s data on erroneously issued stablecoins. Original Source
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Slammed doors and legacy flaws
Despite Bitcoin’s (BTC) promise of a peer-to-peer world, building a Bitcoin-first business in 2022 still requires third-party intermediaries. Whether it’s startup capital, using fiat money or simply exploiting fiat payment rails, Bitcoin business means interaction with the legacy financial system. A necessity for the vast majority of Bitcoin-based businesses, it means
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Analysts identify 3 critical flaws that brought DeFi down
The cryptocurrency market has had a rough go this year and the collapse of multiple projects and funds sparked a contagion effect that has affected just about everyone in the space. The dust has yet to settle, but a steady flow of details is allowing investors to piece together a picture
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ViaBTC Capital | Reasons Behind Solana’s Frequent Downtime: Design Flaws in the Gas Economy
What is the gas fee? In the blockchain world, the gas fee is a fee that users have to pay to the blockchain network for each transaction. For example, when a user makes a transfer on Ethereum, miners must package his transaction and put it on the blockchain to complete
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What happened? Terra debacle exposes flaws plaguing the crypto industry
The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disintegration of Terra, a Cosmos-based
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DeFi resolving the five flaws of traditional finance, book review
Writing a book on decentralized finance is a bit like describing a riddle, wrapped in a mystery inside an enigma, to borrow from Winston Churchill. First, one must summarize the origins of modern decentralized finance, then the mechanics of the blockchain technology that provides the sector’s backbone, and only then
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IOTA Introduces New Smart Contracts To Circumvent The Network Flaws
The use of smart contracts remains the key turnaround factor with the cryptocurrency space. Smart contracts brought about the decentralization of digital assets and eliminated third-party interferences in crypto transactions. Distributed ledger and open-source cryptocurrency, IOTA, has just launched a new smart contract beta. This latest move offers its users a
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Poly Network hack exposes DeFi flaws, but community comes to the rescue
Although it seemed crypto hacks were on the decline, just recently, the market bore witness to one of the largest-ever attacks in the young history of decentralized finance (DeFi), wherein an unknown hacker was able to exploit a loophole in cross-chain protocol Poly Network’s digital framework, thereby walking away with
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Blockchain tech is holding NFTs back because of these three design flaws
Years after CryptoKitties were released to the masses, the nonfungible token (NFT) sector is finally going places.Coveted collectibles are selling for millions of dollars in some of the world’s finest auction houses. Top-flight soccer and basketball teams are releasing once-in-a-lifetime moments that fans cherish. Movie studios are starting to issue
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