Chris Blec

Yesterday, "Proof of Decentralization" podcast host Chris Blec joined "First Mover" to discuss the potential security risks of Chainlink's multi-signature protocol. A spokesperson for Chainlink has since published a statement saying the latest change went into effect May 23, clarifying the multi-sig safe has a 4-of-9 signing threshold, and not 3-of-20 as Blec noted. "First Mover" hosts present Chainlink's response.

27 mag 2022

As the collapse of Terra's ecosystem poses contagion risks across DeFi land, "Proof of Decentralization" Podcast Host Chris Blec unpacks the vulnerabilities and potential consequences of Chainlink oracles relying on multisig and how it could bring down all of DeFi. "This is an intentional point of control that the Chainlink team chose to keep in the protocol," Blec said.

26 mag 2022