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Shenyu: The industry should adopt a time lock mechanism to deal with the high-authority risks of smart contracts

Shenyu: The industry should adopt a time lock mechanism to deal with the high-authority risks of smart contracts

CointimeCointime2024/10/17 08:36
By:Cointime

Bitfish (@bitfish1) commented on the Radiant Capital security incident, saying "Why wasn't the industry standard practice of using time locks (delayed execution mechanisms) employed, especially when it comes to sensitive permissions that can manipulate funds, to ensure security?"

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