3 ms·
Fwiw that's not a new concept, it applies to cryptocurrency in general, not just DeFi, and people have been saying it since the early days. And of course it's
by SkyMarshal 5y ago
Fwiw that's not a new concept, it applies to cryptocurrency in general, not just DeFi, and people have been saying it since the early days. And of course it's true - finality and no clawbacks in decentralized systems means once it's stolen, it's stolen for good.
- VectorLock 5y ago>no clawbacks Except when there are, like the Ethereum fork to recover the DAO hack.
- spelunker 5y agotoo big to fail strikes again!
- SkyMarshal 5y agoHaha, yeah I probably should have qualified that with "ostensibly no clawbacks".