ethereum smart contracts get hacked for millions on a bi-monthly basis & defi hacks total in the billions but their claim to fame for being worth 10x more than every other blockchain is that they are "more secure" bc they have 4,000 nodes globally in some AWS instances
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@blknoiz06
There has been plenty of Solana exploits/hacks such as Cashio, Slope Wallet, Mango, Raydium, FTX, Cypher, Crema, Wormhole
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@blknoiz06
You and
@level941
🕊️ will simply blast all the dino coins until they decide to just shut down their chains out of shame
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@blknoiz06
Exactly the world “more secure” is a misnomer in crypto. They’re usually talking about their hashing also, not about asset protection
There is actually a secure blockchain
@energi
where this stuff could be prevented/stopped, hopefully the space figures it out soon!
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@blknoiz06
This statement doesnt make sense. Smart contract security vs blockchain security are 2 different things.
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@blknoiz06
comparing network security vs sc security is like saying you should wear seatbelts in case of a nuclear strike
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@blknoiz06
i’d like to interject for a moment. what you’re referring to as ethereum, is in fact, ethereum/smart contracts, or as i’ve recently taken to calling it, ethereum plus smart contracts. smart contracts are not a blockchain unto itself, but rather another component of a fully…
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@blknoiz06
This is why I don’t get EVM maxis. SVM and CosmWasm are in Rust are much safer. We’ll be seeing more teams build with them as they’re supported by execution environments for rollups.
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@blknoiz06
I love many chains (and many of your takes), but this is just flat misunderstanding what security is in the instance you're referring to.
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@blknoiz06
Didn't one of the Solana Wallets store Seed phrases in plain text?
Don't think it's a chain issue
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