The new DeFi method created by Hackers

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2 years ago

Many “DeFi” decentralized finance programs have long suffered from a high number of intrusions by cybercriminals over the last three years since the “DeFi” 2.0 ecosystem was implemented. Throughout 2018, cybercriminals had apparently found a new target to be attacked in these “DeFi” platforms and US government developers put a stop to these decentralized networks giving rise to a new debate to put an order in the token. of this Blockchain ecosystem. The great ecosystem that has been locked for a long time in Ethereum (ETH) bridges has almost transparently diminished since March of last year when the WAX ​​network was being one of the best at the moment. The great Polygon network was already taking over the spectrum so to speak at that precise moment, with the great advantage of being a sidechain of Ethereum and all the 'Altcoins', which at that time was of the utmost importance an immediate compatibility with the “queen” of DeFi. Later, alternatives such as the Avalanche, Arbitrum, Fantom Anyswap and Ronin bridges were added.

As time goes by we realize that it can be seen in another way in the graph below in many possible ways, the Ethereum cryptocurrency is one of the main ones that dominates the great DeFi ecosystem today and in an almost impossible way. to perform and until March 2022. Since then, the great decline of other networks has leveled the picture, although the network created by the expert in Blockchain development Vitalik Buterin still has 78% of the market today. In this blog it has been pointed out that experts have been working on this type of solution for some time. In mid-2021, during a developer conference, they explained that bridges are necessary for DeFi because they allow blockchains that use different languages ​​to communicate with each other. In late November, a hacker infiltrated what the company responsible called a "security breach" in an ETH bridge to steal 174,000 ETH. At the closing of this note, the equivalent dollar figure is more than 824 million according to the price index of this blog.

The great developers of Horizon Worlds, the new metaverse being developed by Meta (former Facebook), will be able to earn money by publishing and selling virtual items, a strategy that the company would use to encourage user contributions and attract them to the new digital universe.

The general idea is that creators can sell everything from VIP access to their worlds, to virtual items or NFTs such as jewelry or clothing, toys, collectibles, furniture or anything they could use in the metaverse. However, the metaverses don't seem to be of much interest to the masses. This is revealed by a survey carried out at the end of March in which the opinion of more than 2,700 people was consulted to reveal that not even the youngest or those under 27 years of age showed much enthusiasm for the development of the virtual world. Although these projects are also represented by a company, they promise to be decentralized. Many give away part of their virtual lands to players and experience creators, while offering to create a DAO "Decentralized Autonomous Organization" with a governance token. In this way, the community will be able to express their opinions and have certain power of decision and vote on the future of each of these initiatives.

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