@criptopaul Crypto is based on trust. The crypto algos dont need to be hacked to go to zero. It just needs ai to find a day zero bug for everyone to lose trust. Odds of that happening are very high.
@woofswap Blockchains need maintaining n upgrading constantly if you're working at any sort of scale. Deploying a little blockchain running on a cheap Chinese server n running a global blockchain with millions of txns are two very different things.
@woofswap Costs rack up fast if it gets popular at all. Even say it if its as little as 1k a month, who is paying that and whose paying the development team. For example say its just you, are you working for free,
@woofswap Its not easy. Blockchains are very expensive to run. You're stated that the Blockchain should use shib as gas. Who is paying the developers of the Blockchain, who is paying the server costs n rpc costs. How will enough shib be gathered to stake for validators?
@Mazrael_shib@bibsgirl98@shibarium_@Mazrael_shib are you're the only one from https://t.co/GhIqMjLaif actually publicly speaking, can you explain the teams plan for the 1.4m currently sitting from the shib treasury in aave?
@shibburn@Queen1Crypto Sushiswap is a fork of uniswap. Forking and improving is normal coding practice. It was actually the correct thing to do as uniswap protocol is tried and tested. Doing anything other than that would takes years and be open to hacks and security issues
@Queen1Crypto@nopuppet Ya, that was negligence instead of a security issue. The code work perfectly. And hacks are common. Even supreme engineering teams have security issues. Its how you prepare for them and how you react and resolve this is what matters. Shib totally failed in this regard.
@nopuppet@Queen1Crypto When the Shibarium github was public it was clearly engineers from revinfotech n eyesis doing the checkins. Tbf they seem like a pretty good engineering team. Despite the hack, the shib code is generally of a high n professional standard.