OCEAN has been handling the situation much better than I tought...

OCEAN has been handling the situation much better than I tought, all the people fudding don't understand how good pausing the contract has been for ocean as a whole, at least there will be no big dump on us.

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Fuck that

Attached: pause.jpg (259x194, 10.63K)

It's done. Pausing a fucking contract shows how bullshit the whole thing is. I guess Daimler and BMW and the United Nations don't mind having their "data marketplaces" frozen for a bit, to prop up the token price temporarily?

What a joke of a project.

its not organic they have like 4 threads open fudding

It is the same few people that create the fud threads every other time, this time they just have something new they can say

>good
The token is no longer liquid, fungible, or permissionless.

they must be excited with this new tool

They didn't really have anything before, just baseless predictions that weren't coming true

once they unpause it they can still dump
dummy

The hacker has now started dumping Synthetix. Lets see if their contract gets paused.

etherscan.io/address/0xaea0926fcb9a83745e9710d6e8ce26c1da7a0ab1#tokentxns

why didn't you niggers do the smart thing and just freeze the wallet

like VIDT did

Only half a million worth of Sythetix was stolen and the mc is 5x the size of Ocean

And?

And the effect from dumping will be minuscule compared to dumping millions of dollars worth of ocean, which has a much smaller mc

It’s not fud. Stop being emotionally attached to your coins and have a reality check. Millions will get dumped and it’s now been shown it was never decentralised. They lied.

Sometimes stuff like this has to be done, just imagine what would have happened if they let the hackers get away with it.

they dont have a pause function in the smart contract

Are you implying that Sythetix won’t stop the contract because the value of tokens is of a lesser amount?

Probably not. I doubt ocean would have either if they had only stolen 100k Ocean

So the question is how much can be hacked before it’s deemed acceptable to stop a smart contract? What is the price of decentralization?

bro you cant stop any smart contact
it has to be written into it
ocean wrote a pause function into the code

Not really, they can lock the hackers address and it basically gets stuck there

I don't care if Ocean is decentralized. I don't use it as a currency, so it doesn't matter to me. If I wan't to use a crypto as a currency, then I will worry about whether it is decentralized.

Oh i see, I missed your earlier comment. So Ocean implemented an escape hatch Lol.

no you cant...
exchanges can blacklist it but not a dex
they can just keep swapping to a new address

Don't they still know where it was coming from so that they can link it to the original hacker's address?

Just when we were starting to come back we get all this fud keeping us down, that's really unlucky.

The good news is that if the hacker does manage to dump, anyone buying the dump will basically be getting free money, so the dip wouldn't last that long

I doubt they will dump, everything is pretty much frozen already.

not on a dex
an exchange like binance can monitor the address and add to the blacklist immediately

I bet Ocean does a new token swap though

shut the fuck up you fucking shill with your centralized shitcoin lmao