We need to solve crypto security and have this implemented at the sequencer level.
The best attempt to security I have seen to date is Phylax in which developers can define assertions which are essentially rules for unwanted state transitions and enforce those assertions within the sequencer.
Even if deployed code has an exploitable bug the assertions will prevent hackers from obtaining any of the protocols funds. No one should lose money because of faulty code and this paradigm for every network needs to change.
It will be up to the DApp developers and relevant cybersecurity experts to draft and check assertions to prevent loss of funds.
21.73K
83
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.



