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I used crypto in the past, starting a decade ago, but absolutely cannot wrap my head around these new-age concepts such as smart contracts, dozen ETH flavors an
by 0x_rs 5y ago
I used crypto in the past, starting a decade ago, but absolutely cannot wrap my head around these new-age concepts such as smart contracts, dozen ETH flavors and whatnot. They seem blackboxes to me no matter how much I read about them. The fact you have to use a withdrawal function instead of the reverse operation used for the initial conversion seems a pretty severe design overlook since they're burned forever this way.
- xtracto 5y agoI still use crypto and grok smart contracts alright. But exactly this shit of wrapped tokens, same tokens in different blockchains and whatnot is a recipe for disaster.
- dylkil 5y agoIf you dont know what you are doing you should never interact with a smart contract directly. People like the guy who lost 500k should be using the frontends which interact with the contracts properly. https://wrapeth.com/ https://wrapeth.com/
- icedistilled 5y agoit's like telling someone never to deal with physical cash or dollar bills, only use credit cards.
- dylkil 5y agono its like telling someone to not craft their own payload and call the api directly. Use the front end which handles that for you.