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Circuit Breakers: Is ERC-7265 the Solution dApps Were Waiting For? - Ep. 515
Unchained
How to Mitigate the Governance Attack in a Smart Contract
The proposal itself contains two scenarios that would still allow for funds to be stolen. One of them you called unsafe arbitrary calls, the other untracked or unprotected flows. I think it will be a very useful tool for early projects or in general like projects that are still the centralized stage to really massively reduce risk and mitigate damage in attacks. But it won't stop everything of course. Like with any security measure in a smart contract, it's not bulletproof. It won't stop all the attacks. It won’t stop all damage.
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