Generic Blockchains Don’t Work. Building A Layer 1 Specifically For DeFi | Piers Ridyard, CEO Radix
The Wolf Of All Streets
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ERC-20 - Solidity, the Issue That You Identified Initially
The way you architect programs on top of public ledges also has a lot to answer for. When you have an ERC-20 contract, the ledger doesn't understand what a token is. So if you want to swap between two tokens, you're not actually asking the ledger to go this token for this token. And all of these message passing and all of these ways in which hacks and bugs and exploits can occur because of the balance checking and the things that have to happen just in the way you build smart contracts, that all goes away.
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