/biz/ - Business & Finance

>>55135274
>Proof of Reserves is also doing extremely well as you can see this thing is going almost vertical, for a very similar reason. Hey, FTX. Okay, Alameda. Ya heard of it, big deal. Two weeks later, oh no, my God, FTX, Alameda, what a nightmare, proof of reserves. We need it, we gotta have it. Conflict of interest, what a problem, so on and so on. That’s the recurring story, okay, it’s gonna be the recurring story. Frankly those of you building protocols that can just see a step or two ahead in the story and build a protocol that’s resistant to the next stream of attacks, we’ll have a very good protocol because people that don’t make themselves resistant to the next stream of attacks will have their money taken whereas your protocol won’t and so you’ll do better and our job is to give you the infrastructure to build that better protocol so that when the few people that try to replicate FTX - Alameda con in a DeFi format get found out. You wonderful people who build the alternative have a system that can reliably resist that type of manipulation and our industry has a leg to stand on.