3min chapter

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The Chopping Block: Who’s to Blame for the Curve Hack? - Ep. 526

Unchained

CHAPTER

The Pros and Cons of Transparency in Traditional Finance

I prefer another way of looking at it, which is Uh in traditional finance, you can't really see all these positions You know, I in some ways people are always like, oh, we should like have Perfect privacy private d5 already. There's some sense in which you want these kind of bugs In public d5 fixed for you know discovered and dealt with first before you ever get to private Okay intraditional finance, you already have the private thing But because you can'treally prove any properties of what people's positions are you never really know if they're solvent or not Especially for more liquid things. So there's there's pros and cons It's not obvious to me Which of those

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