Ultimately, centralised entities are the wrong security model for decentralised assets In the absence of centralised issuance and control, an exchange must have the same security model as the assets it supports Centralised exchanges do not have the incentive to do this 👇
However, so far the (unmatched) direct deposit/withdraw has given centralised solutions the superior UX for novice users. The result? Billions stored with security protocols vastly inferior to the assets themselves, with no control when something goes wrong Time for a change
@codehans1 @felixls4k Time for $ruji to see the light of the day
@codehans1 @SumoKuji Except in situations like this where this confirmation has been randomly pending for the last 7 hours on Sonar . And there's no one I can call to fix it. Just hoping it will come though and I don't lose $1300 in a hole somewhere
@codehans1 Thorchain froze my hard assets too 🤷 @codehans1
