2min chapter

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Circuit Breakers: Is ERC-7265 the Solution dApps Were Waiting For? - Ep. 515

Unchained

CHAPTER

The Problem With Circuit Breakers

Any project that has centralized keys can have this at any time and it's a surprising amount of protocols. If you go on Etherscan, anybody can check this for yourself as an indication of whether your protocol centralizes. So what the circuit breaker does here is that it doesn't add to what they can do maliciously, but it does add to what good teams can do to save their own protocols.

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