Cardano

Coin

<ul class="news-points"> 
 <li>Cardano Whale outlines a 2023 DeFi pitch noting security features and decentralization.</li> 
 <li>The analyst claims Cardano’s chain has high security with no significant risk of hacks.</li> 
 <li>Also, he argued Cardano has suffered no downtime for the past five years.</li> 
</ul> 
In a recent post on X, “Cardano Whale”, a prominent <a href="https://coinedition.com/cardano-founder-hoskinson-defers-stake-pool-operators-probe-to-cf/">Cardano (ADA)</a> community figure, outlined a compelling pitch for what he believes would best describe Cardano’s <a href="https://coinedition.com/what-is-defi-lets-understand-decentralized-finance/">decentralized finance (DeFi)</a> 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. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 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) <a href="https://twitter.com/cardano_whale/status/1714558080929960392?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 18, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Furthermore, the ADA influencer noted that another aspect Cardano shines is its fully dece…
The post <a rel="nofollow" href="https://coinedition.com/the-best-pitch-for-cardano-defi-in-2023-expert-weighs-in/">The Best “Pitch” for Cardano DeFi in 2023? Expert Weighs In</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

The Best “Pitch” for Cardano DeFi in 2023? Expert Weighs In

Coin Edition

Other articles published on Oct 19, 2023

Bitcoin Dominance Hits All-Time High Near 50%

Why do this obscure Russian exchange’s emails come from Binance?

DGI9 Share Price Analysis: Should You Buy the Dip or Stay Away

Bitcoin Bears Still in Control- While This Move May Transform the Bullish Trajectory!

Metaverse supporter Roblox reportedly asking employees to return to office

Tesla's Q3 2023 Report Summary: BTC Holdings Unchanged Amid Financial Challenges

Join our free newsletter for daily crypto updates!