“If translated to fiat currency…”
The jokes almost write themselves.
BadgerDAO, maker of a decentralized finance (DeFi) protocol, said on Wednesday that it is investigating reports that millions in user funds have been stolen. "As Badger engineers investigate this, all smart contracts have been paused to prevent further withdrawals," the company wrote in a Twitter post. "Our investigation is …
A DAO.. with the ability for someone with central control to hit the pause button on all contract operation for the entire currency? Sounds a bit dodgy to me.. the mere fact there is a pause button the developers (or anyone else in receipt of a court order) can push hints it's not quite fully decentralised.. or autonomous..
You either live and die by the sword (of buggy contracts) or you're just waving a cheap stainless-steel prop imitation.
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