niftyorca (🛠️, 🛠️)

Capsaicin is my caffeine

[Daniel Von Fange @danielvf]

Today's Inverse Finance hack happened because the protocol used Curve pool balances to calculate the value of their LP tokens.

This is bad. As the attacker bends the pool, the sum of the balances goes higher. You think you are richer, but then the attacker can reverse it. 1/n

[John Rising @johnrising_]

ERC-4337 is still early in development but maturing EXTREMELY quickly.

Here's where things are at, piece by piece:

[niftyorca (🛠️, 🛠️) @nifty_orca]

@pcaversaccio How can I trust someone with such a name 😂

[niftyorca (🛠️, 🛠️) @nifty_orca]

@punk6529 Not true. Address != EOA

[niftyorca (🛠️, 🛠️) @nifty_orca]

Set amout to 0 and target to ERC20 approve

[cygaar @0xCygaar]

Was doing a fun CTF challenge on Damn Vulnerable Defi today and wanted to share it.

How could you exploit this pool contract to drain its entire token balance?

[ETHDenver 🏔🦬🦄 @EthereumDenver]

. @dfinity aims to create a "blockchain singularity" in which every system and service is rebuilt and reimagined using smart contracts and runs entirely from infinite public blockchain without need for traditional IT.

[niftyorca (🛠️, 🛠️) @nifty_orca]

Not if you fill the house with water.

[Prof. Feynman @ProfFeynman]

Schrödinger's Plates: They are both broken and not broken until you open the door.

[Fermat's Library @fermatslibrary]

In 1972, John Conway posed the following question with an associated $50 cash prize: in Game of Life, is there a stable configuration whose only father is itself?

Törmä and Salo found a solution in January 2022.

[niftyorca (🛠️, 🛠️) @nifty_orca]

@BobBodily where can I find the source code of ICPuppies then?

[niftyorca (🛠️, 🛠️) @nifty_orca]

If you hate centralization so much, why don't you opensource all EXT canisters on entrepot

[Bob Bodily, PhD @BobBodily]

Heated community discussions are happening everywhere on #ICP right now.

I would like to reposition the discussion from solution-focused to problem-focused.

Let's talk about WHY this is happening. What is the problem?

Once we agree on the problem we can discuss solutions
🧵👇

[niftyorca (🛠️, 🛠️) @nifty_orca]

Don't we all love a good challenge

[niftyorca (🛠️, 🛠️) @nifty_orca]

@libevm London because it saves gas

[niftyorca (🛠️, 🛠️) @nifty_orca]

@20honkhonk @iamarkdev It's hard to tell when it's pounds😂

[niftyorca (🛠️, 🛠️) @nifty_orca]

The bear market really clears your mind and forces you to build for the long term instead of chasing the next hot thing

[Zeneca🔮 @Zeneca]

"Bear markets are for building" 🧵

This is something everyone says, but what's the best way to 'build' during a bear?

For 99% of people, I imagine it's investing in yourself. 👇

[niftyorca (🛠️, 🛠️) @nifty_orca]

Sold a Currency, hodl time 4 months, profit +0.5eth (-12,500usd)

[niftyorca (🛠️, 🛠️) @nifty_orca]

@notdomwilliams I respectfully disagree.

[niftyorca (🛠️, 🛠️) @nifty_orca]

10k ICP is not money, it's peanuts😂

[Avocado @av8cado]

Projects need to reduce their appetites. Every 2-3 days a new NFT project comes out and everyone wants to raise 10-20K ICP. There is not that much money in the market. Build a community, show MVP before launch, stick to the roadmap. Freebies are over.

[niftyorca (🛠️, 🛠️) @nifty_orca]

This is a particularly bad technical solution to the problem. Instead of forced unstake they should have made staked NFTs non-listable on major marketplaces (yes you can do that!)

[Ryan Carson @ryancarson]

More context: Degens often list their staked NFTs way below floor to artificially reduce floor and then buy more. Force-unnest keeps that from happening.

If someone genuinely want to sell below floor then they’ll still be able to do it 👍🏻