Cronus Finance

GM! Are you ready? Cronus Trading, the perp #dex of Cronus Finance is now live on @optimismFND You can long or short $BTC and $ETH, alongside getting some #realyield by depositing in our $USDC and $ETH pools! trading.cronusfinancexyz.com

In conclusion, the blockchain ecosystem uses both PoW and PoS as crucial consensus methods, and which one is preferred depends on the particular requirements of the network. (12/12) Learn something new today? Make sure to join our Discord to be updated on all new announcements!

PoS presents similar risks to PoW on 51% attacks, with validators forming a cartel and trying to “rug” consensus. Plus, liquid staking creates a new, large. attack vector, risking centralization from the few amount of protocols offering it (similar to miners pools in PoW) (11/12)

What are the main differences between Proof of Work (PoW) and Proof of Stake (PoS)? In blockchain systems, both are consensus techniques that are used to confirm transactions and record them in the ledger. Let's dive deeper. 🧵 #proofofwork #proofofstake (1/12)

New 🧵released!

An L1 running both transactions and computations that everyone knows is Ethereum, while Cosmos has been used only as a transaction layer, for the time being, to secure all the appchains built on top of it. Have you used an L2? Which is your preferred chain? Let us know! (16/16)

The transaction layer also includes the consensus mechanism, which is used to validate transactions and create new blocks in the blockchain. Depending on the blockchain design, the L1 could still keep the ability to run computations natively! (15/16)

Hey everyone! Things are brewing again and interesting announcements are coming up 👀 (stay active in discord) We recently completed our migration over to @optimismFND , a L2 chain built on top of @ethereum. What's a L2? How is it different from an L1? 🧵 (1/17)