ZK-based proofs of reserve are needed.
@EliBenSasson wrote about this three years ago. StarkWare can help.
cc @cz_binance@brian_armstrong and all other centralized exchanges/custodians.
https://t.co/JO5aBH0AED
Let me be very clear:
Your @AaveAave deposits are at risk of being *lost* if Chainlink's multisig gets hacked and sends bad price data.
LOST. GONE. POOF. BYE BYE.
There is no safety net on Aave to safeguard against this type of situation.
@Truthcoin Are there reliable, usable scripts to do it or would I have to hack something together myself? Or is there maybe even a wallet software offering this that I'm not aware of?
Hey @nlw, what's up with the breakdown feed via libsyn? Once again I didn't get my daily fix because the newest episode isn't available yet (except on the coindesk website.) I think up until a few months ago that has never happened..? Is coindesk holding back some episodes?
Scared Money don't make No Money.
Leverage and Crypto go hand-in-hand, but how can you safely ape without risking your funds to lending protocol risk?
@WWolfCrypto compares @AaveAave, @RariCapital, @SushiSwap, & @Eulerfinance, with a case study on the upcoming @SiloFinance ⬇️