Re:Attacking the DeFi ecosystem with flash loans for fun and...
by Geee on Sunday January 17, 2021 @09:56AM
(#25811110)
Nano is the only currency that is capable of hundreds of transactions in a second without fees, and runs in a trustless and decentralized mode (https://nano.org)
For the time being, no one has found vulnerabilities in it.
Re:Attacking the DeFi ecosystem with flash loans for fun and...
by EGreg on Saturday January 16, 2021 @09:27PM
(#25807500)
Not that I know of. From the mainstream ones, Ripple and Stellar come the closest. MaidSAFE has been in development since 2006 and is launching soon.
What can I say, the first generation of any technology is laughably inadequate as a replacement for what came before. That is why for example hardlh anyone uses Bitcoin in everyday transactions and why we still don’t use technology to secure voting, but that will change. As an aside, I don’t think blockchain is the best technology for voting but it’s the buzzword that people understand:
Re:Attacking the DeFi ecosystem with flash loans for fun and...
by DSingularity on Saturday January 16, 2021 @11:41PM
(#25808187)
Literally nobody thinks Blockchain is good for voting.
Re:Attacking the DeFi ecosystem with flash loans for fun and...
by literallycancer on Sunday January 17, 2021 @11:09AM
(#25811838)
It's not good, on the other hand it can easily be better than the monstrous only-working-by-accident software some government contractors can come up with.
Re:Attacking the DeFi ecosystem with flash loans for fun and...
by EGreg on Saturday January 16, 2021 @11:45PM
(#25808220)
Perhaps that’s a bit too overstated?
https://cointelegraph.com/news/russian-blockchain-voting-sys...
Been hearing that for years. Anyone yet have anything running that allows a digital currency to scale without being vulnerable to the attacks Bitcoin can resist?