Shenyu: The industry should adopt a time lock mechanism to deal with the high-authority risks of smart contracts
Bitfish (@bitfish1) commented on the Radiant Capital security incident, saying "Why wasn't the industry standard practice of using time locks (delayed execution mechanisms) employed, especially when it comes to sensitive permissions that can manipulate funds, to ensure security?"
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Google restores Bitcoin and Ethereum price charts after briefly removing them due to data issues
EU warns it may include Musk's other business income in calculating fine for 'X'
Key XRP Investors Could Spark Rally to $0.60 – Here’s Why
Data: Bitcoin foreign exchange reserves hit a record low
Trending news
MoreCrypto prices
More
