Cardano now second-largest staking network after Ethereum CardanoADA CardanoCommunity ADA $ADA BuildingonCardano
Cardano's staking mechanism
The Cardano blockchain uses a staking mechanism based on game theory rather than slashing. The implications of Cardano's design choice are: First,Second, Cardano's ADA delegation does not give the stake pool operator ownership of them. The custody of the ADA cryptocurrency delegated to a Cardano stake pool is always under the control of the owner's private key.
"Ethereum staking is problematic. Temporarily giving up your assets to someone else to have them get a return looks a lot like regulated products. Slashing and bonds not so good. Non-custodial liquid staking on the other hand is like the mining pools we've used for 13 years," he stated. Hoskinson added:"All proof of stake protocols might get lumped together due to a fundamental misunderstanding about the actual facts of operation and design [of staking]."
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