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So you chose to run code you couldn’t read? On you again. Doesn’t make it any less voluntary. As far as I’m concerned, all those exploits were 100% fair game.
by alphanullmeric 4y ago
So you chose to run code you couldn’t read? On you again. Doesn’t make it any less voluntary.
As far as I’m concerned, all those exploits were 100% fair game. Again, it’s not a centralized exchange. There is no CEO making promises to you, there are no guarantees. The code you chose to interact with behaved exactly as it was written. That’s what makes crypto unique, there are no “Bitcoin developers”, they don’t have any more power over bitcoin than anyone else. Their changes are only merged in because holders voted those changes in. That’s the very thing that makes it not a security.
Don’t like that? Make better choices next time, or don’t use cryptocurrencies. As I said, that was always an option.
- colesantiago 4y agoI don't use crypto or lose my money in crypto at all, you do. So I'm assuming you know every function and know the control flow of any crypto project or smart contract that your interacting with in detail and reviewing each PR. Unless you use a vulnerability scanner like everybody else and you don't bother reading the code. The Ronin Network (which is open source) was hacked for $620M even though the code was 'allegedly' solid and those playing Axie Infinity were indirectly affected and lost their money as a result. Where does 'reed the code' fit here? In the eyes of the law 'reed the code' is a moot point. You can't lose 'money' in the billions and expect no regulation or nothing to happen.