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 ...
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