The network has announced the launch of Ouroboros Phalanx, a significant upgrade to the PoS consensus mechanism. What are the core improvements? It has closed off the classic vulnerability of the PoS system known as the "grinding attack"—where attackers attempt to compromise network security by manipulating the validator selection process.
The significance of this update is: • Strengthened the cryptographic foundation, making PoS harder to breach. • Responded to the concerns of regulatory bodies and institutional investors regarding blockchain security. • Show that Cardano can technically keep up with the challenges of decentralization.
As security becomes a mainstream concern, protocol-level updates will become increasingly important. ADA is currently around $0.392; can the technical progress support the price? It depends on how the market reacts.
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#ADA Cardano just made a big move 🔐
The network has announced the launch of Ouroboros Phalanx, a significant upgrade to the PoS consensus mechanism. What are the core improvements? It has closed off the classic vulnerability of the PoS system known as the "grinding attack"—where attackers attempt to compromise network security by manipulating the validator selection process.
The significance of this update is:
• Strengthened the cryptographic foundation, making PoS harder to breach.
• Responded to the concerns of regulatory bodies and institutional investors regarding blockchain security.
• Show that Cardano can technically keep up with the challenges of decentralization.
As security becomes a mainstream concern, protocol-level updates will become increasingly important. ADA is currently around $0.392; can the technical progress support the price? It depends on how the market reacts.