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There are many thousands of contracts that work perfectly securing tens of billions of dollars. You have an anti-survivorship bias because only the failures mak
by TimJRobinson 4y ago
There are many thousands of contracts that work perfectly securing tens of billions of dollars. You have an anti-survivorship bias because only the failures make it on HN and in the media.
If you work in the space you realize only a tiny fraction of wealth gets lost to bugs. This $34M is roughly 0.02% of the wealth locked in smart contracts ATM.