Developer ready to put money on the table if someone finds hardcoded proof
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
The challenge stems from Caroline Ellison's explosive testimony in the FTX court. Ellison claimed that Alameda had the capability to"turn off" theblockchain, leading to the liquidation of users. Her statement raised eyebrows and questions, as the decentralized nature of blockchains makes them inherently resistant to any single point of control or failure.
It is essential to understand the distinction between shutting down a specific application within a blockchain and the potential to"turn off" an entire blockchain network. The decentralized nature of blockchains like Solana means that even if one node were to shut down, the network as a whole would continue to function. Thus, finding a function in the code that stops an application does not corroborate the bold claim made in the courtroom.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Turn off Solana and win $400,000 - Solana Foundation executive announces offerSolana has been touted as an Ethereum killer, but as with every blockchain in the crypto market, the network does not come without its fair share of i
Read more »
Supercharging Blockchain Solana and Bitcoin Spark Combine ForcesCrypto Blog
Read more »
Cryptocurrencies Price Prediction: Solana, Loom & Bitcoin — Asian Wrap 13 OctoberSolana has been touted as an Ethereum killer, but as with every blockchain in the crypto market, the network does not come without its fair share of i
Read more »
Most large cryptocurrencies decline as Solana declinesSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Read more »
Co-developer of Cassava’s potential Alzheimer’s drug cited for ‘egregious misconduct’City University of New York’s Hoau-Yan Wang couldn’t provide original data to refute allegations of image manipulation, university says
Read more »
Xbox Series S Has a 'Pretty Big Problem' Warns DeveloperThe Xbox Series S is becoming a bigger and bigger problem for game developers.
Read more »