The Importance of Upgradability in Cryptocurrencies

synthetics V1 launched in March. This is the first like four months after we launched it, I think. So yeah, we've seen that happen. And it's not great, obviously. But one of the things that, you know, upgradability, you know,. I've written a lot about this, right? upgradability. The fact that if you build something that is designed to kind of launch and just exist and operate into the future, and it's not upgradeable...the likelihood of that working is like zero," he says.

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