That was inevitable, and all designs like that will eventually yield the same outcome.

The people who should be embarrassed are the ones who thought having a group of humans routinely review (possibly complex) transactions for correctness, with no ability to undo/revert the outcome, was a good idea.

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lokar 3 hours ago | parent [-]

Also, how could one reasonably disprove that the signers were not in on the scam?

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bombcar 3 hours ago | parent [-]

That’s the best part, you can’t!

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sebgan 2 hours ago | parent [-]

This is conveniently suspect, no? “Drift migrated its Security Council on March 27 to a new 2-of-5 threshold with zero timelock. That eliminated the delay that would have allowed detection before admin actions took effect.” This was after the perp started working on the heist earlier in the month.

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gus_massa an hour ago | parent | next [-]

> 2-of-5

Just to be sure... They need less than half of the Security Council to approve it?

	▲	bombcar 22 minutes ago \| parent [-]
		If it's a "time-safe" kind of thing, 2-of-5 is common. No one person can open it, but any two can.

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solguarddev 16 minutes ago | parent | prev [-]

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