i don't see how decentralization would have helped with bybit. decentralization fixes against bad incentives. if some rogue bybit employee had decided to steal funds, and been prevented via decentralization, yes i agree. but decentralization doesn't magically protect against hacks, as evidenced b

i don't see how decentralization would have helped with bybit. decentralization fixes against bad incentives. if some rogue bybit employee had decided to steal funds, and been prevented via decentralization, yes i agree. but decentralization doesn't magically protect against hacks, as evidenced b

Idk dude. Yes we can look at this one attack vector in this instance, plenty of examples of fully decentralized layers of the stack being the issue. Additionally, if Gnosis wasn't centralized there wouldn't have been anything to hack. You can't coordinate a successful business at the app layer in a