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Blockchain governance is a critical issue as the technology gains wider use across industries. It attracted close attention after the Ethereum DAO incident, where a token holder exploited a bug to funnel about one third of the total value in the network into their own account. (The bug was later fixed via a “forking” algorithm, but the issue remains an open question.) …


Blockchain technology has started a technological revolution, and along the way, it raised new challenges and unanswered questions. One such question is: how do we ensure security and reliability of yet-unproven new technologies, such as smart contracts?

We are used to high security standards, and for the new peer-to-peer ecosystem to succeed, it needs to come with the same high level of security and protection of our rights and assets we see on traditional web platforms.

We can look at “security” as comprised of several layers: transaction reliability, wallet security, code, network security, and arbitration mechanisms.

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In most cases, the…


Image for post
Image for post

Blockchain governance is a critical issue as the technology gains wider use across industries. It attracted close attention after the Ethereum DAO incident, where a token holder exploited a bug to funnel about one third of the total value in the network into their own account. (The bug was later fixed via a “forking” algorithm, but the issue remains an open question.) …

Xu Yin

Co-founder and CEO of Oath Protocol, the first dispute resolution protocol based on blockchain technologies

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