Recently, I saw that a certain mainstream public chain is about to undergo an upgrade and maintenance, and everyone in the group is guessing whether the ecosystem projects will take the opportunity to move… I, for one, won’t follow the trend first; I want to see “whether this project is really reliable.” To gauge credibility, I have three simple methods: Don’t just look at stars on GitHub, check if there have been continuous commits in the past three months, whether the same group of people has been working on it, and whether the key contract changes are explained; don’t be fooled by the logo when looking at audit reports, focus on “what was found, whether it was fixed, and if there are any residual high-risk items,” some reports are very thick but the conclusion is just a one-line brush-off… The most critical thing is upgrade permissions: who has multi-signature authority, how many people, what’s the threshold, is there a timelock, can the rules be changed overnight, in short, it’s about how many people you entrust your life to. Staying up late to review these can be quite eye-straining, but it’s cheaper than fixing things after the fact. We’ll talk more next time.

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