So the PayPal stablecoin contract:
- Is written in an extremely old version of Solidity
- Allows the owner to pause all transfers
- Allows the owner to freeze addresses to prevent actions
- Allows admins to increase the total supply at will
Centralized, but transparent at least.
@chaserchapman Feels like the layer 0,1,(2??) stuff is still being hashed out. until the infrastructure makes consumer apps easy to use, consumers will suffer.
What would you do if your oracle fails, or freezes?
How do you ensure your protocol uses accurate prices despite black swan events?
Join us later today with @raft_fi & @WeAreTellor as they discuss securing DeFi users with the dual oracle design: https://t.co/AmMYlCXfi0
1/10 ๐ New User Spotlight! ๐ We're spotlighting @divaprotocol_io, a smart contract-based system creating bespoke derivative contracts. By using #Tellor as their decentralized oracle, they're revolutionizing how derivative contracts are managed and settled.
๐ Save the Date!
Join us next week for a technical space featuring devs from @raft_fi and @WeAreTellor, discussing Raftโs dual oracle design and the security it provides users.
The conversation will be moderated by @MTorgin from @chain_security. RSVP: https://t.co/AmMYlCXfi0
Regular NFTs are dead to me!
I only buy special NFTs in the bear market
Today I spent 0.1 ETH on @PillzTech mint because it's a DIFFERENT
A combo between Tamagotchi, PokemonGo & Cryptokitties in a wearable that uses Web3 to merge the physical and digital worlds
What??! ๐