Cardano doesn’t rely on slashing, which sets it apart from Ethereum
urged former Twitter CEO Jack Dorsey not to pain all proof-of-stake protocols with a broad brush.
Hoskinson says that the Substack post that he published on his profile will make Bitcoin maximalists believe that the Cardano blockchain also has slashing, a feature that makes it possible to penalize bad actors in order to disincentivize other actors from behaving maliciously. The ability to use economic penalties to 51% of attacks more expensive is believed to be one of the main benefits of the proof-of-stake consensus mechanism. However, Bitcoin proponents view this negative incentive system as a major downside.
It is worth noting that Cardano’s implementation of proof-of-stake doesn’t require slashing. The blockchain has a unique reward-sharing scheme that incentivizes shareholders to behave rationally. Distributing the supply of to holders through free market dynamics enhances the blockchain’s decentralization, thus making it more resistant to attack.
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