Does open-source code make decentralized systems more secure? Stacks co-founder Muneeb Ali says transparent systems may be clunkier early on, but they harden faster with every…
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Does open-source code make decentralized systems more secure? Stacks co-founder Muneeb Ali says transparent systems may be clunkier early on, but they harden faster with every attack "There are two …
Does open-source code make decentralized systems more secure? Stacks co-founder Muneeb Ali says transparent systems may be clunkier early on, but they harden faster with every attack "There are two models out there. One is that your code is fully open source. It's out in the wild. Imagine Bitcoin itself, or some DEXs that are open source. Anyone can verify how it's working, they can view it, and if there's a bug, they can come and exploit it." "And then the other side is you have the black box exchanges. They have the advantage, in a way, that you can't really see exactly what they're doing, but you're still trying to poke from the outside to see if there's anything you can find that you can exploit." "My view has been that the first model is sometimes more clunky early on, but it gets hardened faster. Eventually, everyone in the world has taken their shot to see if there's anything here." "So I think over a long enough timeline, the decentralized versions actually become more secure, just because they've had more eyes on them, and they're hardened in a harsher environment."
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