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55604201 No.55604201 [Reply] [Original]

>gazillions of dollars stolen from bridge hacks and blockchain vulnerabilities
>when projects like this exist
Either devs steal indiscriminately off their customers pretending it was a hack, or crypto devs specfically are complete hacks that just copypaste shit from github and dont know how to fix any meaningful issue in the first place.

>> No.55604215

That's a pretty funny way to do damage control because they got absolutely fucked by the multichain hack

>> No.55604217

>>55604201
yep this is why a standard like ccip is required
sometimes it's laziness
sometimes ego
sometimes for an inside job
self-build infra will die

>> No.55604230

>FTM taking the """higher moral ground""" and making their users whole
>meanwhile kava telling them to fuck off
that's how you quickly kill trust in from your community but hey I'm not the one calling the shots

>> No.55604250

>>55604217
I don't particularly fancy the idea of having to rely on a single project to handle those bridges but I guess it's better than having to gamble your funds on systems made by hacks

>> No.55604268
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55604268

>>55604201

it's not that common to see former team members completely sabotaging the project from within. Millions get lost because of that. See how Ankr got fucked last year for example

>> No.55604273

>>55604268
>common
uncommon*
Fuck I need to proofread my posts more often

>> No.55604280

>>55604217
This.
CCIP > IBC

>> No.55604288
File: 596 KB, 768x526, axie.png [View same] [iqdb] [saucenao] [google]
55604288

>bro we like totally lost 800 million dollars in a hack. yeah man that really sucks. anyways sorry for the inconvenience guys, move along not much we can do here at all.
>investigate who did it? yeah man but thatd be like too much work, you know? haha anyways yeah just keep playing xD

>> No.55604299
File: 180 KB, 292x407, 1689669404502837.png [View same] [iqdb] [saucenao] [google]
55604299

>>55604217
Link will never be mass adopted.
Middleware is inefficient trash.
Middleware gets replaced shortly after being picked up with in-house solutions.
No project has mentioned using ICCP in their operations.
Link is obsolete.
You will never be a woman.

>> No.55604306

>>55604215
They were affected, yes.
That's why they shut everything down and built their own bridges instead of using external software.
Retard. Fantom acted too slowly. They didnt.

>> No.55604307

>>55604288
>fall for the nft gaming craze
>game gets hacked
>millions lost
>get told to fuck off if you complain
based. this is why i love crypto just so I can get to see retarded 3rd world children suffer

>> No.55604309
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55604309

>>55604230
Lets see the links to the articles of this bullshit happening then, retard

>> No.55604318

>>55604306
They still heavily promoted those chains though. Not like he matters much anyways because I'm not a kavafag myself but it was pretty funny to witness anyways.

>> No.55604321

>>55604217
>a standard
except nobody actually respects the chainlink developers or technology enough to use it

you'll see progress in this area exclusively driven from exchanges and high value/liquidity platforms that need these solutions. not from two bit 2017 icos trying to insert themselves and their premined token in the middle. there's no incentive to use or adopt any of their offerings if you're somebody like uniswap.

>> No.55604329

>>55604307
This is why bear markets are a bless

>> No.55604340
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55604340

>>55604215
>>55604230
look. trannies. i dont care about kava. i dont hold kava. but you are severely wrong.
https://cryptonews.com/news/fantom-coin-going-zero-after-multichain-bridge-hack-but-crypto-whales-are-accumulating-other-coin-instead-just-10-days-left.htm

The multichain exploit TARGETED, read it again, (((targeted))) Fantom wallets. Here's a list of projects that used Multichain:
>Cosmos
>Polkadot
>Avalanche
And more.
Did these get fucked over? NO.
Stop spreading misinformation and being smug about it. RETARDS.

>> No.55604346

>>55604299
They shouldn't have used third party software either and yet here we are.

>> No.55604350

>>55604201
>>55604217
The problem being that this only works between Cosmos and Ethereum, it's not global. Granted ERC-20 might as well be the absolute standard, but still.

>> No.55604355
File: 310 KB, 1024x1024, 1670893791042965.png [View same] [iqdb] [saucenao] [google]
55604355

>>55604340
>Polkadot

>> No.55604364

>>55604340
Dude what the fuck are you talking about when they also implemented those bridges which also provided most of the TVL for kava (while also heavily promoting it). They got absolutely rekt so they were forced to build their own solutions because they can't rely on 3rd party software anymore.

>> No.55604372

>>55604268

at least those guys paid their community back (although it required some "nudging" from a whale)

>> No.55604374

>>55604299
See you post-Smartcon 2023 in October faggot. I want to see you laugh then.

>>55604340
Imagine having the time and team to perform an operation of this magnitude and you target the (easily) worst chain of all lmao. They were either vindictive of something, or FTM wallets were particularly easy to crack.

>> No.55604383

>>55604364
then whats the problem
they faced issues and they fixed them... why are you crying