“A security cap of 1 million ETH will be hardcoded into the contract, as a safety net against unforeseen complications.” — What kind of unforeseen complications could prevent the CAT cap from working?
“A security cap of 1 million ETH will be hardcoded into the contract, as a safety net against…
Arturo Sanz
1

If the Ethereum network was under heavy load due to huge transaction volume, or under some malicious attack, the hard cap signal could be significantly delayed. It would have to be a quite catastrophic scenario, but there’s no reason not to add an extra security cap.

Show your support

Clapping shows how much you appreciated BlockCAT’s story.