How Are the Ouroboros Phalanx Update’s Security Enhancements Affecting Crypto Payroll?
Emerging Tech and Crypto Payroll
Cryptocurrencies are still considered a new frontier in the realm of digital assets, but the Ouroboros Phalanx update is sprinting ahead of the pack. The latest updates on Cardano’s blockchain network are adding layers of security to proof of stake consensus, presenting a new era for crypto payroll systems.
It addresses grinding attacks, which exploit vulnerabilities in selecting block leaders, the Phalanx update may change everything we know about crypto payments.
What’s the significance of the Ouroboros Phalanx update?
This update is an important development for proof of stake networks. Grinding attacks are nothing short of damaging. They occur when a large stakeholder manages to slightly manipulate…
