Critical MakerDAO Vulnerability Could Have Frozen Voter Funds, Auditors Say

in #dlike5 years ago

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This is the kind o things that scare me. Smart contracts are not battle tested tech. In on way I feel safer with what STEEM DAPPs are doing with custom JSON. It puts enough things on transparent blockchain while having enough central control for quick response.

“In partnership with Coinbase and Zeppelin, the Maker Foundation has been participating in a second round of audits of the Maker Voting Contract. During this process, we discovered the need to make a critical update…You are advised to move your MKR out of the old contract and back into your personal wallet immediately.”

Let's just be glad that things were discovered before any incident and remember to always do the diligence.


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