- Cardano Whale outlines a 2023 DeFi pitch noting security features and decentralization.
- The analyst claims Cardano’s chain has high security with no significant risk of hacks.
- Also, he argued Cardano has suffered no downtime for the past five years.
In a recent post on X, “Cardano Whale”, a prominent Cardano (ADA) community figure, outlined a compelling pitch for what he believes would best describe Cardano’s decentralized finance (DeFi) ecosystem in 2023.
Cardano Whale first highlighted the network’s robust security features alongside its proven track record of over five years. According to him, Cardano’s chain has high security with no significant risk of hacks. Interestingly, he argued Cardano has suffered no downtime for the past five years.
If I had to put together a rough pitch for Cardano DeFi as it is in 2023, it would go something like this:1. Chain aspects
– High security, lower risk of hacks, no downtime and proven 5y+ track record
– Fully decentralised, P2P network, ADA is well distributed. Low…
— ADA whale (@cardano_whale) October 18, 2023
Furthermore, the ADA influencer noted that another aspect Cardano shines is its fully dece…
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