Another Stablecoin Attack: Making HBD Look Even Better

▶️ Watch on 3Speak


AUSD was compromised. Someone was able to get in and mint 1 billion tokens.

In this video I discuss how we see this happening and how it makes HBD look even better. The vulnerabilities just arent there with HBD.


▶️ 3Speak



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16 comments
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That's a good opportunity for HBD and its holders.

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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 119 of my contest just started...you can now check the winners of the previous week!
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The security involved makes holding hbd safe. I appreciate this nice piece of information.

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We need to get you some decorations or a different color wall behind you so you don't blend in, lol.

HBD scares some people from the outside due to the algorithmic part of it after the UST fiasco. I am assuming this was something similar.

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To speak on the smart contracts being part of layer 2, I am using EVM chains as layer 2 for Hive by using the new wrapped versions of HBD. using Hive Engine as the bridge between them, you can even consider them a layer 3 for Hive, lol. Blockception, lol.

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(Edited)

You have 5 million HBD headed toward the Binance wallet at 50 mph. At the same time, you have 50 million hacked HBD headed toward Hive-Engine at 10 mph. How long does it take witness node F to realize we just wanted to fuck Justin Sun?

Answer: 45 seconds on Steem, 1.5 seconds on Hive with One Block Irreversibly. #keepbuilding

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It's just seems to me the goal is to hunt stable coins,or what is all this manipulation,why not prepare proper security,but I still believe security on hbd will make it save

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I think the liquidity would still be bad but I don't think most of the HBD will really get hacked because most of it should be in the DHF. At the same time, I think dumping the HBD of a single person shouldn't affect the price for too long.

Posted Using LeoFinance Beta

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Hive is a solid project and if we manage to bring all that solidity to #HBD, we will surely lead the market very soon.

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Right now and base on my view so far, you can't just take away the stability of the stable coin away right now and for now give it to the HBD, it is really doing well

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