just a heads up 's admin couldnt explain why their contact address was minting tokens and controlled by a EOA
got banned for asking in their telegram
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Conversation
I’m here. AMA
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Thanks for the response. Why is the Terria contract able to mint by via a EOA?
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So, recall that the chain MIR tokens originate from is Terra, and these tokens are bridged to Ethereum via a bridge called shuttle. Shuttle is centralized, and therefore can issue “wrapped MIR tokens” on ethereum side
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what's stopping someone with the address from just minting a bunch of tokens?
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But you do have a concession from me that the eth bridge is the weak part of our decentralization/trustless game.
okay thanks for the reply. thats all I was wondering. i wasnt familiar with the platform or team so was looking for an answer. seen a lot of shady stuff with token mints and just stealing people's money in uniswap pools
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Sounds good, hollar if you need anything!
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