Trust Bubble with Chris Blec

This is a recording of a DeFi Q&A that took place in Twitter Spaces on 1 June 2021.Topics: SushiSwap timelockPolygon multisigPossible solutions to multisig problemsOn-chain privacy$50m UNI proposal to eject me from DeFi ;)...and much more!Support the show (https://cash.app/$ChrisBlec)

This is a recording of a DeFi Q&A that took place in Twitter Spaces on 18 May 2021.Support the show (https://cash.app/$ChrisBlec)

April 29, 2021Good: THORchain has launched their product allowing native crypto-to-crypto swaps. How is their decentralized solution different from the rest?Bad: Polygon aka Matic uses a 2-of-3 multisig admin key to allow upgradability, however this key may also be capable of jeopardizing the security of the network.Ugly: The theft of funds from Uranium Finance in the past week highlights the risks that come with cheap & rapid development on Binance Smart Chain.Links:Chris Blec grills JP of THORchain about the project's trustlessnessRaising the Polygon multisig issue on Twitter@FrankResearcher's tweets dissecting the Uranium Finance theft Do you have a DeFi question that you'd like to hear answered on the podcast? Visit https://speakpipe.com/trustbubble and submit it to be used on a future episode.Support the show (https://cash.app/$ChrisBlec)Buy a Trezor hardware wallet Have over $1000 in DeFi? Still using Metamask alone? It's time to get a Trezor hardware wallet.Get the best rates on 1inch Exchange Swapping tokens on ETH or BSC? 1inch Exchange consistently has the best rates of any DEX aggregator.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Good: Loopring announced Ethport, which will give Layer 2 users the ability to interact with Layer 1 smart contracts (i.e. Yearn, Compound, Synthetix, etc) with their Layer 2 funds. Mind-blowing stuff. Bad: Uniswap told users that their new v3 protocol would be protected by a Business Source License, prohibiting anyone from copying it, however refuses to tell the governance community who will be enforcing the license.Ugly: EasyFi Network reported a massive $80m+ admin key theft as the result of poor security. What can we learn from this?Other links mentioned:Chris Blec's Uniswap Online Course (YouTube)The Risks of Unknown Admin Key Opsec (YouTube)Support the show (https://cash.app/$ChrisBlec)Buy a Trezor hardware wallet Have over $1000 in DeFi? Still using Metamask alone? It's time to get a Trezor hardware wallet.Get the best rates on 1inch Exchange Swapping tokens on ETH or BSC? 1inch Exchange consistently has the best rates of any DEX aggregator.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

On the first episode of Trust Bubble, Chris Blec looks at the good, the bad and the ugly of this week in DeFi.Good: BadgerDAO's guarded release of a new WBTC vault may be signalling the beginning of the end of DeFi's reckless "test in prod" mentality.   (https://badgerdao.com)Bad: A lot of people aped into DeFi project FEI without understanding how it worked. When will DeFi users start taking responsibility for their actions?  (https://yhoo.it/3e9fwWn)Ugly: Consensys partnering with MasterCard, JP Morgan with the goal of blending DeFi with TradFi could ultimately lead to disaster. (https://bit.ly/3mQNkvu)Follow Chris Blec on Twitter:https://twitter.com/chrisblecEthereum adddress: chrisblec.eth or 0xfFd55D121713682B27fD4aD42270461830c45A3ESupport the show (https://cash.app/$ChrisBlec)Buy a Trezor hardware wallet Have over $1000 in DeFi? Still using Metamask alone? It's time to get a Trezor hardware wallet.Get the best rates on 1inch Exchange Swapping tokens on ETH or BSC? 1inch Exchange consistently has the best rates of any DEX aggregator.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.