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RE: 320 Million Dollar Solana Bridge Hack exposes the vulnerabilities of bridges, not your keys, not your crypto!

in LeoFinance • 3 years ago

I think DeFi needs to undergo some drastic changes. DPOS or some type of system like that where you can delegate your resources and not risk them. Being they are still in YOUR wallet and you still control them. Unsure how that will work but I've seen a few early adoptions of it so far.

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3 years ago in LeoFinance by
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     3 years ago (edited) 

    Hi @bitcoinflood

    You wrote :

    Being they are still in YOUR wallet and you still control them.

    Exactly!
    This is Trustless.
    Dexs show us the Trustlessness is possible for trading.

    I think DeFi needs to undergo some drastic changes.

    I agree that the wormhole hack illustrates the importance of Trustlessness.

    DPOS or some type of system like that where you can delegate your resources and not risk them. Being they are still in YOUR wallet and you still control them.

    Thorchain fixes this!
    And that will be my next post!

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