Wu Shuo learned that the on-chain analyst Specter posted that it has been more than a month since the decentralized cross-chain protocol THORChain suspended all trading due to a vulnerability exploit attack. The analyst added that in the past, when other protocols encountered exploit attacks or experienced money-laundering fund flows (even simple ETH/BTC routed transactions), they refused to suspend trading for several hours, citing an inability to halt transactions; however, when THORChain itself became a victim, there are completely no transactions running across the entire chain.

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NightTideShell
· 11h ago
After reading Specter's thread, I can only say that some protocols' 'decentralization' is Schrödinger's.
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FloatingMirrorSphere
· 11h ago
ETH/BTC routing doesn't care if others get into trouble; when it happens to you, the entire chain remains silent. That's very DeFi.
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BoringButBullish
· 11h ago
Initially using 'decentralization' as a shield, now when trouble arises, they pause instantly. The community's memory is not that of a goldfish.
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MetalFrameBookPageCross
· 11h ago
Decentralized protocols can stop at any time, so what's the difference from centralized ones? That's hilarious.
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ViewingNarrativesFromAHotAir
· 11h ago
You're really good at double standards.
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