Attacking the DeFi ecosystem with flash loans for fun and profit (2020)

Re:Attacking the DeFi ecosystem with flash loans for fun and... by Acrobatic_Road on Saturday January 16, 2021 @05:34PM (#25806179)

wrong and wrong of course.

Shapeshift just DROPPED its KYC.

https://erikvoorhees.medium.com/no-more-kyc-with-shapeshift-...

>Second, cross-chain exchanges may not be possible in a fully trustless manner.

Monero <-> Bitcoin atomic swaps (codename: farcaster) are coming later this year. In the mean time, you can use Bisq.

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Re:Attacking the DeFi ecosystem with flash loans for fun and... by paulpauper on Sunday January 17, 2021 @06:01AM (#25809775)

read the whole thing. KYC only dropped for ERC 20 transactions , which uniswap already does and is not the same as a cross-chain transaction. The abiltiy to exchange erc 20 tokens is native to Ethereum.

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Re:Attacking the DeFi ecosystem with flash loans for fun and... by Acrobatic_Road on Sunday January 17, 2021 @11:50AM (#25812236)

expect them to drop KYC for other transactions as soon as the technology becomes available to do so

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