Damus
PowderHound · 4d
We've all just watched Liquid get burned because of confidential transactions. Nobody can tell if there is an inflation bug until it's too late. It's necessary for a globally trusted base money to be ...
rafael_xmr profile picture
liquid was a "L2", so being lazy about security just because "oh well it's just an L2 anyway" is going to make this keep happening, and affecting those passing by the layers even if "damn you should have moved to L1 in time, shit happens", monero's approach is being aggressive in its security **because** it's an L1 and cannot fail at all, it's not a playground for tech
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PowderHound · 4d
I'm sure the Liquid team thought they were being "aggressive" in their security too. We have no idea how much effort developers are putting into their projects. My point is that the uncertainty is the problem. You can't know, nobody can. The only thing you can trust is what you can audit. I can prov...