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what is stopping someone from going through each protocol and finding an explioit. no one has been arrested despite dozens of these hacks.
by hamiltonians 5y ago
what is stopping someone from going through each protocol and finding an explioit. no one has been arrested despite dozens of these hacks.
- PretzelPirate 5y agoNothing stops them, but that’s why you shouldn’t put your crypto assets into random contracts and just hope for the best. This is especially true for chains that haven’t had a long history of being attacked and having the right tooling built. Ethereum isn’t easy to securely develop for, but Solana is too new and untested to be trusted with the amount of money it’s in control of (and that’s ignoring how it’s largely centralized and has gone down multiple times recently).
- valzam 5y agoCan you elaborate on how it's centralized? I keep hearing this but they have 1400 active validators all over the world, which is more than most smart contract chains except Eth