In second largest DeFi hack, Blockchain Bridge loses $320M Ether

Re:In second largest DeFi hack, Blockchain Bridge loses $320... by pshc on Thursday February 03, 2022 @12:01AM (#30188905)

I would wager most contracts deployed these days are immutable. Upgradable contracts are frowned upon in the space, moreso every day.

But given that humans are prone to making mistakes, when code is fresh and unproven, proxies are a practical way to go. Once you've ironed out all issues, you blow the fuse so that the contract can't be changed anymore.

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Re:In second largest DeFi hack, Blockchain Bridge loses $320... by user-the-name on Thursday February 03, 2022 @05:31AM (#30190812)

> Once you've ironed out all issues

Yeah this is something that famously happens with software development, you just iron out all the issue and then never have to change anything ever again.

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Re:In second largest DeFi hack, Blockchain Bridge loses $320... by pjc50 on Thursday February 03, 2022 @04:38AM (#30190529)

> can't be changed anymore

.. which means that when an undiscovered vulnerability is found all the investors are guaranteed to lose their money.

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