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Godfish: Industry Should Adopt Time-Lock Mechanism to Counter Risks of High Privileges in Smart Contracts

Godfish: Industry Should Adopt Time-Lock Mechanism to Counter Risks of High Privileges in Smart Contracts

Bitget2024/10/17 07:32
RDNT+2.87%

On October 17, in response to the previous Radiant Capital security incident, Godfish (@bitfish1) said, “When it comes to sensitive permissions and especially the ability to access funds, why isn't there an industry standard practice of time locks (delayed execution mechanisms) to ensure security?”

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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