> The bug caused a misplacement of decimal points when refunding pavladiv.near’s USN. Instead of returning 4.9995 USN (about $5), the smart contract bug minted 4.9995 trillion USN
Don’t worry guys, we fixed the regex in our currency conversion code, so your money will be fine now.
.. and we did so in a “decentralized” manner. Because we’re the Decentral Bank, of course, and everything is possible if you believe in it, including arbitrarily modifying and fixing bugs in “immutable” constructs in a centralized manner. Thank god we didn’t have to halt and roll back the blockchain again, that always forces Joe to put in decentralized overtime.
These people are slowly but surely building a shitty carbon copy of the regular financial system and don’t even realize it.
Yes. And this is precisely it’s benefit. This is by design. Safe guards are artificial, and ultimately distort markets. Extremely volatility is present right now, because this asset class is so new and poorly understood.
Some of us want to play with the safety off. Life is a dark forest. We pretend it isn’t with “safeguards” but they only mask its true nature.
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Don’t worry guys, we fixed the regex in our currency conversion code, so your money will be fine now.
These people are slowly but surely building a shitty carbon copy of the regular financial system and don’t even realize it.
How does this keep being repeated?
Is Loopring doing a shit carbon copy of the existing financial system?
How about FTX? You can claim some of the same bad characteristics, but certainly not the same systemic weaknesses, and frankly, types of disrespect.
What a joke. So much for code is the contract.
Some of us want to play with the safety off. Life is a dark forest. We pretend it isn’t with “safeguards” but they only mask its true nature.
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