LayerFoo @layerfoo
observ coins, master reality, meet thy father Joined June 2015-
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@aman_gif of an xbox controller none the less lmfao
@serbobross @AdamZiz @icobeast Maybe reflect on your own internal environment
@serbobross @icobeast There’s no incentive for them to slowly sell, the longer you wait the more chance another actor discovers the same vulnerability
@workinpro The knowledge cutoff doesn’t matter when it can search the internet and the chat doesn’t matter when we can’t see it’s thinking trace Get it to find another vulnerability and I bet it can’t
If you find a vuln like this (and you're an evil scumbag) then you'll be interested in counterfeiting and dumping the money as fast as possible. You can't know how many other people discovered the same flaw, and as soon as it is discovered or someone else starts dumping counterfeit ZEC on the market, you begin running out of time quickly. Thus, you'd expect that if anyone could find a vuln they'd exploit it right away, and we'd see it because the shielded pool would quickly drain and the market would dump. But despite the massive amounts of liquidity available, neither of those happened.
If you find a vuln like this (and you're an evil scumbag) then you'll be interested in counterfeiting and dumping the money as fast as possible. You can't know how many other people discovered the same flaw, and as soon as it is discovered or someone else starts dumping counterfeit ZEC on the market, you begin running out of time quickly. Thus, you'd expect that if anyone could find a vuln they'd exploit it right away, and we'd see it because the shielded pool would quickly drain and the market would dump. But despite the massive amounts of liquidity available, neither of those happened.
If you find a vuln like this (and you're an evil scumbag) then you'll be interested in counterfeiting and dumping the money as fast as possible. You can't know how many other people discovered the same flaw, and as soon as it is discovered or someone else starts dumping counterfeit ZEC on the market, you begin running out of time quickly. Thus, you'd expect that if anyone could find a vuln they'd exploit it right away, and we'd see it because the shielded pool would quickly drain and the market would dump. But despite the massive amounts of liquidity available, neither of those happened. Instead, as soon as a very plausible first-responder found it (Taylor does cutting edge security research for us, and has worked with us for over 10 years) they shut the pool down and fixed it. (As an aside, while it's of no comfort to the average person, I can assure you all of the people who found this vulnerability and patched it are the most honest people I've ever met in my life.) I'm keeping my money where my mouth is though and promise to keep the vast majority of my net worth in the Orchard pool until I announce publicly otherwise! :)
I think this proliferates Open source software is no longer safe
@based16z If the bug wasn’t exploited Zcash comes away stronger because the core devs prioritise making the orchard pool supply cryptographically verifiable reducing this risk in the future
@life_smol @Dogetoshi Have you ever tried to prompt it for exploits?
@buyerofponzi Not if they implement a way to audit the supply of the Orchard pool
@Buhlaque He’s just saying how much it’s harmed the grifts and the scams
if Hyperliquid is successful and they become the AWS of liquidity for financial exchanges supporting perpetual futures, while USDC is the underlying stablecoin on the exchange, by default they will be creating a huge amount of demand for USD and extending the dominance of the dollar hegemony globally
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