A few questions


#1

Hey,

I like the name of the coin (Cardano the italian mathematician), so I got interested in it.

I got a few questions:

1.Since the coins aren’t mined but were offered/created initially, what stops the Cardano team from simply creating/making more if they feel to do so?

  1. There seems to be a lot of rumble around proof of stake (which is going to be implemented soon) being insecure, and what bothers me the most in this case , if i stake my coins and an error occurs, that means i will lose all my coins that are staked?

  2. Why isn’t there a security measure for coins that get sent to a wrong/invalid address? This may be one good thing about banks , they have the possibility to correct errors…

Appreciate any feedback


#2

Regarding the first question, the fundamental technology of blockchain is that once the rules and standard are created there is no way of creating more ADA, without doing a hardfork that create a new blockchain (For exmaple, that’s what happened with Bitcoin Cash & Ethereum Classic), therefore it is impossible for the team to create more ADA.


#3

thx 10char10char10char