Solana Is More Secure Than Bitcoin, Claims Crypto Fund CIO
Justin Bons, founder and CIO of Amsterdam-based Cyber Capital, ignited a new round of the proof-of-work versus proof-of-stake debate on Wednesday, asserting that Solana’s “economic security” now exceeds Bitcoin’s and trails only Ethereum’s among the largest networks. In a lengthy X post on August 13, Bons published point-in-time calculations that, by his model, put Ethereum first, Solana second and Bitcoin third on a “cost to attack” basis. “Truth cuts through all the noise & the BS narratives, as economic security can be measured objectively!” he wrote, adding: “PoS is, in fact, way more secure than PoW, by several orders of magnitude.”
Solana Tops Bitcoin
Bons framed his analysis around what he calls the annual…
