Whales Attempt to Rescue Yam From Code Flaw Governance Dilemma

2020-8-13 11:48

Yam Finance is the hottest trend in DeFi at the moment, but a technical flaw in its code was discovered just a day after it started distributing tokens. Prominent members of the crypto community had already labeled it as a scam and warnings had been posted, however, it was seemingly rescued at the last minute.

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code flaw yam had labeled tokens prominent

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Researcher discloses second Steam zero-day exploit after being shut out of bug bounty program

A second zero-day vulnerability has been publicly disclosed in the Steam gaming client by security researcher Vasily Kravets after he said he was banned from its bug-bounty program. The revelations come two weeks after another zero-day previously disclosed by Kravets and researcher Matt Nelson was disputed by Valve, Steam’s parent company.

2019-8-22 09:52


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03