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Ronin Security Breach Postmortem

roninblockchain.substack.com
2 pointsyessirwhatever1 comment
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This whole attack really just exposed how insanely complicated and centralized crypto has become, an anti-thesis for what it claimed to be.

Of course the solutions are basically identical to running any other secure platform, strong policies and procedures, audits and following up with your vendors. Last of all, it also wants to introduce even more complexity, which is always a double edged sword.

For "Web3" to succeed these massive centralized organizations have to be disbanded from their role in verification, authorization, authentication but nobody seems to be solutioning around that.

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