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Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by raverbashing on Tuesday June 29, 2021 @03:22AM (#27672877)
Thanks for your comment. Yes I agree the absolute value in some coin is not a great metric.

> In normal web/systems programming you have layers of security; In crypto you have none of that.

Yes, that's what I mean. Why not?

> The key is that the contracts need to be minimal and analyzable

Agree, but even short contracts might have bugs. Betting on "self-paying bug bounts" is not a good bet.

What I'm proposing is that every smart contract double-checks its expected results

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