Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Slow Mist Cosine: ERC404 is not yet a mature standard, and its mechanism may bring new security risks

Slow Mist Cosine: ERC404 is not yet a mature standard, and its mechanism may bring new security risks

CointimeCointime2024/02/09 02:56
By:Cointime

SlowMist founder Yu Xian stated in a post on X platform, "The new mechanism will definitely bring new security risks. If a protocol does not handle the ERC404 dual-coin mechanism well, unexpected consequences may arise. It is also important to note that ERC404 is not a mature standard yet, and after reviewing the contract codes of several projects, there may be some modifications, which could lead to security risks caused by differences."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Phoenix Labs announces Dauntless shutdown following studio layoffs

Share link:In this post: Phoenix Labs has announced that Dauntless, its monster-hunter-like game, will shut down on May 29, 2025. Dauntless’ closure comes after the game studio repeatedly laid off staff after Forte, a crypto firm, acquired it. Phoenix Labs has yet to reveal the future of its other projects, such as Fae Farm.

Cryptopolitan2025/02/25 19:00