Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

By CryptoNews - 2 years ago - Reading Time: 1 minutes

Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

 
The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said....
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Original source: CryptoNews