Sirwin
Sirwin
Image made with canvas.com

Contingent Staking Saga pt.3


Contingent Staking saga continues. Charles Hoskinson makes a live in which he explains incentives of proposed idea. You can view the video below.

This article is a continuation of Contingent Staking series, in order to fully understand the subject read Part 1 and Part 2.
For Part 1 you can go here. For Part 2 go here.

96ec6de3abb92d80837f7c56404e0b594b208205bdd3cb5a8012a1c0dc9fe672.png

 

Hoskinson also continued the debate on twitter

In his explanation video, Hoskinson described what benefits Contingent Staking would bring to Cardano ecosystem. He also mocks and calls many concerns Slippery Slope and Straw man arguments.

In C. Hoskinson words, compliance with law is a necessary step in order for Crypto Industry to grow. In his words law isn't a light switch and isn't turned on or off according to the subject.

He also created a poll, proposing a Twitter space for him and Cardano community to debate about Contigent Staking and concerns about it. You can cast your vote here.

Here is a continuation of Charles explaining why Contingent Staking should be implemented on main chain of Cardano.

The whole affair seems to be leaning towards the end and its culmination should be aforementioned Twitter Space and finally the Cardano Improvement Proposal regarding Contingent Staking.

a49acfc819695d3b8d80793db0a7da7028efadfb7bbafa8ce1770c8231b18c19.png

None of information in this article should be considered a financial advice, it's my own analysis and facts I wanted to share with this wonderful community.

 

If you enjoyed my post and you want to support me you can do it here:

Reflinks for some passive income:

https://r.honeygain.me/ZACHW12AF3

https://p2pr.me/16518768406275a3e8c8002

 

Addresses:

0x4B5692110fF9Ba770b9EC5CEBA20849cF97496EA - Binance Smart Chain and Ethereum

addr1qxsktm5j0yusx00gg9735lrn7ada94n63dvy9g76nn5phms68c08evhlqngru7785nlh6qc20ll700v4pqtqktet3wkqwy07f5 - Cardano

TJevzMtsW7dwNM8amm9JE4fM4digjaegHy - Tron

1ApF4AYaQQthAQ4qMJftx3A3WaY4MfBVML - Bitcoin and Bitcoin Cash

 

Also check out my social media

https://twitter.com/CrSanity

https://www.instagram.com/crsanity/

 

How do you rate this article?

0


CrSanity
CrSanity Verified Member

I'm a crypto investor, enthusiast and a beginning writer for Publish0x.


Crypto News provided by CrSanity
Crypto News provided by CrSanity

On this blog i will try to provide you fact checked, interesting news from around the top blockchains.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.