Should GnosisDAO establish bug bounty coverage for client code?
by mishaderidder.eth12653 🥝6mognosis.io
Recommended by 1 curator
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Curating this bc there's lots of background reading on the Balancer incident and how Gnosis chose to intervene.
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My commentary to the whole Gnosis fork thing: https://etherscan.io/tx/0x6893d246fc4bee564ed9c109607930f9055cd66cdece55b96d4871a6f353f254 (divested 1.8K worth of GNO last week)
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I still haven’t figured out why would they sacrifice neutrality? I mean 5 million dollars is quite a lot of money, but is it enough to sacrifice the neutrality of your blockchain? On the other hand it is also setting a new paradigm, what I guess they call accountability - they want to provide safe self custody banking and now there’s a safety net maybe? But well of course bottom line is who decides what transactions need to be censored? Of course there is decentralized governance in place, validators decide in the end if there’s going to be a hard fork. But it’s all very slippery indeed. Haha I’m still on the fence. For now critically watching and waiting to see where it goes. But I understand you’re selling your tokens.
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