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> they are entirely public Yes, you're just not clever enough to understand all of the jargon I just invented and refuse to explain, audit every line of code,
by ATsch 4y ago
> they are entirely public
Yes, you're just not clever enough to understand all of the jargon I just invented and refuse to explain, audit every line of code, audit the organization that actually controls the project, spend a month brainstorming all of the possible failure modes and get a PhD in multiple disciplines to discover if any of my claims are deceptive.
- ccvannorman 4y agodisinformation is the new secrecy.
- ypeterholmes 4y agoTokenomics are generally aggregated and published by third party organizations for almost every project. Blockchain analytics are also big business. My point stands- it's hard to hide things on an open source, decentralized blockchain.
- JackFr 4y ago> it's hard to hide things on an open source, decentralized blockchain. And yet, why do ransomware attackers only accept crypto?
- ypeterholmes 4y agoBecause the legacy banking system will just take their money. Decentralized systems are not only more transparent, they are also more inclusive. But note- dollars are far and away the largest medium of exchange for criminals. So if you want to get into that comparison, feel free.
- usrn 4y agoToken contracts have to be short to keep them cheap. If you get scammed with a token because you didn't read the contract you kind of deserve it IMO. No one reads them though, I've been surprised by the things I've found in some.
- dubswithus 4y agoSome people read them but hackers exploit them long after they are published. Doesn't that suggest that they are not easily understood?