"The Drift incident reveals the cruelest truth about DeFi: 2/5 multi-signature + zero timelock allowed attackers to steal 550 million TVL with just two compromised individuals, rendering code auditing completely ineffective. When the opponent is a state-sponsored hacker capable of 9 days of premeditation, 'no vulnerabilities ≠ security,' and key governance architecture is more important than contract code." - Commentary by Cai Jijun, founder of the Youhao AI project, on the Drift incident.
This article is machine translated
Show original
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





