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A comment on DeFi protocol BadgerDAO exploited for $120M in front-end attack.

Re:DeFi protocol BadgerDAO exploited for $120M in front-end ... by malthaus on Thursday December 02, 2021 @07:27AM (#29415255)
"Decentralized" also means nobody takes accountability, something a lot of our society is built upon, evolved over many generations.

But a mix of snake-oil salesmen and nerds dreaming of utopia try to convince everybody that their approach is somehow magically better.

[ Parent | on HN ]
Re:DeFi protocol BadgerDAO exploited for $120M in front-end ... by splendidHaiku on Thursday December 02, 2021 @08:10AM (#29415634)
No. "Decentralized" means everybody takes accountability, as opposed to just one corporation. But you have to make use of it - e.g. by using https://nexusmutual.io/.
[ Parent | on HN ]
Re:DeFi protocol BadgerDAO exploited for $120M in front-end ... by bildung on Thursday December 02, 2021 @10:14AM (#29417111)
"everybody takes accountability" and "nobody takes accountability" have the same meaning. Accountability is tightly linked to delegation, and essentially behaves like a normalized variable.
[ Parent | on HN ]