Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
VanEck Advisor: Blockchains that require validators to coordinate and implement specific software to restart are neither decentralized nor censorship

VanEck Advisor: Blockchains that require validators to coordinate and implement specific software to restart are neither decentralized nor censorship

CointimeCointime2024/02/07 01:29
By:Cointime

VanEck Advisor Gabor Gurbacs stated in a post on X platform that a blockchain that requires validators to coordinate the implementation of specific software to restart/operate (after being offline for hours) is neither decentralized nor resistant to censorship. Most of the time, this is not a problem, but when it is important, it is a big problem. Jinse Finance previously reported that Solana restarted after being offline for nearly 5 hours, and Gabor Gurbacs may have been hinting at Solana.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin could hit $100K ‘within weeks:’ Galaxy

Bitcoin hitting $100,000 is expected by the end of the year, but might happen before the holidays

Blockworks2024/11/16 00:22

There’s a $450 billion behemoth forging BTC’s path to $100k

The Crypto-Industrial Complex is always churning, gobbling up coins much faster than they can be mined and sold

Blockworks2024/11/16 00:22