Oceans of Wisdom

and even if most people most days are using a permissioned L2 for their coffee + points

is a big deal

to an exciting new business opportunity

the fact that crypto has gone from toxic to tradfi

I would say we are about 5 years away from this now

Amex gets the sequencer revenue and kicks back some to you in the form of "points"

or L2

but your Amex Rewards cards with points is on an L3

that big institutions and OGs transact on mainnet

is the same structure will emerge here

to me the most likely end state

where the base layer is something like ETH mainnet

trad finance is a 3 tier system

and then it settles over so often to an L2/L1 for finality

the normie experience is going to be more like Barclays L3 and there the chain is effectively permissioned for small value retail transactions and Barclays can roll it back

these types of hacks have happened on RTGSs

i think this will emerge. this is a L2 or L3 system. the issue today is that banks and consumers alike are interacting on the RTGS (Real Time Gross Settlement system) like Fedwire in the USA or TARGET2 in Eurozone or CHAPS in UK) if you send the money to the wrong person (as a bank) on Fedwire and it goes I dunno to the Philippines, the Federal Reserve is not reversing the transaction to give you your money back

I am not important per se or I should not be important. what should be important is the system

maybe. i think of the question in the opposite way. the system is mature when it does not matter if my identity is revealed. e.g. if you kidnap Vitalik, there is nothing you can do to Ethereum - it will continue to work in the exact same way

is "send all your NFTs to @[maybe]"

and what is sent to your wallet to sign

and the FE continues to show this

so it would be something like: "you go to sign 'sent 0.6529 to subscription' "

and replaced it

they waited until bybit made a real tx

but the nature of the attack wasn't that they made a fake tx

in practice for now individuals are at zero risk from NK targeted attacks

they are very capable

to be more precise

they are very good

and see if they can explain the changes

automatically read all changes

ASIs help on defense here too

but IN PRINCIPLE

and see if they have changed etc etc

and the most popular

you need to first have the fewest number

this is one of the purposes of it being open source

any new release is reviewed by many people

in principle yes but ideally an ongoing end-state is that

ideally computers that have nothing to do with each other

so that multiple computers need to be compromised

which is why you still need multi-sigs

gets compromised

but does not prevent the attack vector being 'your computer'

now in principle running locally prevents you from the attack vector being the opensea fronted

it is like if opensea got hacked and you thought you were spending 10 ETH for a BAYC but instead the transaction in the background is a swap for a superyeti

that is the attack vector

yes

like my actually desired end state is NFTs and 6529 network are everything I hope they will be and also i can walk through times square and dozens of malicious ASIs and/or humans have figured out who I am and can figure out that there is absolutely no point in attacking me