@DomeriumLabs@TeamKujira Thanks, I was able to download it.
However, I'm stuck at the launch of the first campaign. I remain on the screen after clicking on the "Start" button.
What are the minimum system requirements?
Users, developers, and validators can engage with the testnet through Galxe's Quest platform. The Galxe Quest platform will feature activities involving the core chain, its enshrined applications, and projects building in the ecosystem.
https://t.co/uZtGRKa6TJ
⚡️ Last week, we had the pleasure of hosting an AMA with @TeamKujira ( $KUJI) in our Discord server.
💥 Here are some of the most interesting facts taken away from the AMA : 👇
Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.
Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.
I’m pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.
Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.
With Richard and the entire team, I’m confident that the best days for @Binance and the crypto industry lay ahead.
As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.
What’s next for me?
I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.
After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.
I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.
On that note, I am proud to point out that in our resolutions with the U.S. agencies they:
- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.
Funds are SAFU!
With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.
Onwards!
CZ
One of the number one focuses right now for the crypto space should be security and reducing hacks.
This is pure political ammo against the space and is holding back adoption more than anything else.
Yet the changes that need to be made are relatively simple, with some that should’ve been implemented YEARS ago.
1. Fix wallet UI/UX.
This is the easiest place to start. We need wallets that l have human readable transactions. You shouldn’t have to install an extension or a “snap” to for your wallet to warn you it’s about to get drained.
@MetaMask I’m mostly looking at you. This should’ve been implemented years ago and would’ve saved the industry a lot of embarrassment and a lot of money. @Rabby_io has a set of security features, human readable transactions and a lot of other quality of life upgrades already.
Again I understand there are some “snaps” that do this and extensions that can be installed, but this should be a foundational feature. Wallets should do all they can to protect their users against hacks and are our first line of defense.
2. Fix honey pots like bridges
Bridges are probably the biggest honey pots in the space. This is where we see major hacks from North Korea, etc. It���s just too tempting with hundreds of millions of dollars just sitting there.
This must be fixed. OFT tokens are an interesting approach, Uniswap X and similar ideas can solve some of these problems, but we have to look at what we can do today to reduce risk.
Bridges need to be next level paranoid and employ the best security standards available.
It also might help to have time locks for large amounts of funds that under normal circumstances never get moved, leaving a smaller surface area of attack.
3. Increase the bug bounty rewards for white hat hackers.
We should have a public goods structure that’s crypto wide dedicated to this. Hacks cause tons of political damage, tons of reputational damage and massively hinder adoption. Let’s make it more lucrative to be a white hat hacker.
4. More retail users using hardware wallets
We need more education about hardware wallets and more users using them. It makes an impact big enough to stop some of these retail hacks.
5. Projects should constantly walk through a thought experiment assuming they WILL get hacked.
What could they adjust to minimize damage and risk? Only the paranoid survive.
There is a dark economy that these hacks feed, give them more funding via hacks and they grow, become more sophisticated and more propagate. Starve them of funding and they shrink, have less resources to attack with and you exponentially reduce risk.
Therefore any effort, no matter how small that reduces probability of a hack either via retail or protocol has compounding benefits that widely impact the space.
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You can now bridge your assets directly from @osmosis to @TeamKujira using the @Manta_DAO bridge.
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LFG.