- Twitter’s ADA Whale investor tweets about the need for secure blockchain networks.
- Netizens join in and agree with ADA Whale’s views.
- One user: “people prioritize short-term advantages over security and decentralization.”
A pseudonymous Cardano ($ADA) influencer called “ADA Whale” asserts that a crypto protocol may appear to be the ideal network due to its speed, minimal costs, excellent developer experience, etc. However, if the coin is not widely dispersed and protected by a sizable decentralized community, it might still be worthless.
A crypto protocol can seem a perfect network by being fast, low fees, great dev experience, etc. Yet its coin can still be worthless if they’re not well distributed + secured by a large decentralised community. Network ≠ digital economy and constraining supply ≠ natural demand— ADA whale (@cardano_whale) December 26, 2022
The ADA Whale analyst further goes on to criticize weak networks saying that,
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