Daily #Cardano $ADA News! 🗞️
Charles: "Ouroboros—Best Proof Of Stake Protocol Ever Developed."
George Defends Charles!
👉 https://t.co/BUyB4v07fl
Daily #Cardano $ADA News! 🗞️
Charles: "Ouroboros—Best Proof Of Stake Protocol Ever Developed."
George Defends Charles!
👉 https://t.co/BUyB4v07fl
Hoskinson Advances Cardano Recovery Plan After SecondFi Exploit
Cardano founder Charles Hoskinson (@IOHK_Charles) is experimenting with a smart contract that could help recover funds from compromised wallets.
According to Hoskinson, the contract would use a zero knowledge proof to verify possession of a wallet's 24-word seed phrase.
It is designed to vend cardano:native and Cardano native tokens from a recovery pool to verified owners.
Hoskinson said he will coordinate with the Midnight team and key developers on findings.
The move comes in the wake of the recent Cardano wallet exploit that led to multimillion dollar losses across the ecosystem.
JUST IN: #Cardano $ADA 24h trade volume surpasses $470,000,000 according to CoinGecko.