In this case, an alliance can profit by “stealing” system security through manipulation of governance. The style is similar to the 51% strike, but it will not necessarily require 51% of MKR tokens. This article will talk about the attack on Maker. For that reason, the price information flow from the oracle can be controlled with the holder of MKR tokens. These are selected through on-chain governance. The security of MakerDao stablecoin Dai relies on trusted oracles to supply price information. This article comes from Ariah Klages-Mundt’s article “Vulnerabilities in Manufacturer: Oracle-Governance Attacks, Attack DAOs, and (De)Centralization”, recompiled, arranged and compiled by columnist Azure Fox Notes.
The following focuses on the problem of oracle governance episodes in Maker. Nevertheless, Maker will experience some problems along the way of exploration. Even though decentralized steady currency Dai isn’t as good as the centralized steady currency with regards to resource issuance and resource cost, it has opened a fresh type of steady currency and is an important event in the annals of cryptocurrency. Maker has launched a fresh version of multi-asset home loan (MCD), which is an important occasion in the annals of DeFi.
0 kommentar(er)
