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On-chain, I hardly believe in those so-called "coincidental transfers" anymore.
First, break down the path: Is it the same set of addresses repeatedly acting as intermediaries?
Is there a concentrated authorization within the same period?
Is it from the same source of funds splitting out and then merging again?
Many times, it looks like two unrelated people, but in reality, it's one person using different aliases to go in circles, while also opening up permissions widely...
When I see "approve," I get itchy and want to click in to check the limit and target contract.
Recently, I’ve also enjoyed watching Layer2s argue over TPS, fees, and subsidies.
Honestly, you can run as fast as you want; just don’t blur the permission boundaries.
Otherwise, the more subsidies there are, the more it looks like bait in a fishing pond.
I'm not regretting the outcome, but I regret not chasing that "coincidence" a few more steps when it was easier, and just trusting it casually.
From now on, I’d rather spend ten extra minutes checking the path than rely on habitual trust to get through the day.