Sui/CETUS Hack Aftermath: Top Experts Grapple With Ideals vs. Real PoS System Practicalities

Monad’s James Hunsaker joins decentralization debate with Solana’s Yakovenko after SUI/CETUS incident response. Hunsaker argues PoS forking by minorities is tough due to concentrated stakes held by insiders on most chains. Yakovenko emphasizes user demand as key power in blockchain decentralization; Hunsaker notes Circle/Tether influence. More blockchain experts are now joining the decentralization debate following the SUI team’s direct intervention in the aftermath of the CETUS DEX multi-million dollar exploit. Monad’s co-founder, James Hunsaker, has responded directly to earlier comments from Anatoly Yakovenko, who stated that a blockchain solution cannot be decentralized if a minority group can unilaterally block the majority from making changes or functioning. Note that in a PoS blockchain, “minority” and “majority” here are defined in terms of stake. In most chains, stake is highly concentrated amongst a small group of insiders. While you could fork as minority, no one will care unless you are somehow successful at social shaming.… https://t.co/FvlmMutpOP — James (@_jhunsaker) May 25, 2025 Hunsaker Highlights Forking Complexities in PoS Syste… The post Sui/CETUS Hack Aftermath: Top Experts Grapple With Ideals vs. Real PoS System Practicalities appeared first on Coin Edition .

Source: Coin Edition