In this week's Chopping Block, , , and I:
* Dunk on $CANTO 👎 (specifically protocol-enshrined DeFi and CSR)
* Laugh at the fight over Bitcoin NFTs 🤣
* Relay LayerZero drama 🍿
This one gets spicy.
youtube.com/watch?v=LHDeX7
Conversation
excuse me why are you laughing at the bitcoin nft battle
it is extremely important
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There's a viable path to dev revenue if insurance/credit gets involved at the app layer
For chains at their early stage, i guess the upside of developer rebate is greater than the downside. It's a good way to market and bootstrap the dev community, i.e. make the number looks good (like number of contract deployed). Hoping this can kickstart the flywheel.
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lol u literally played right into the $canto folks hands with this tweet… is this a contribution to their self fudding stuff or… ?
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so the relevant detail y'all missed is that the team lied to conceal the backdoor. Having admin access to a protocol is normal. Lying about the extent of that access it is not
Quote Tweet
Disclosure of a trusted-party vuln makes it a security assumption. These vulnerabilities were not disclosed.
prestwich.substack.com/p/zero-validat
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