Is DeFi really revolutionary? One attack after another.

[cassavachips]

All will be interested in the new system, so they use it and need a trial to find out the real weaknesses and strengths. DeFi will likely be many who try to use it and hopefully they work hard to be successful with it.

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[Ken_terrance]

Very true, so far over two Defi projects are already attacked by hackers and scammers, this mean that Defi is that different to other projects in crypto world in terms of security, for now it's just like others until further notice

[rahmatullah9305]

Very true, so far over two Defi projects are already attacked by hackers and scammers, this mean that Defi is that different to other projects in crypto world in terms of security, for now it's just like others until further notice

Now the new task for the Defi project is to increase the security of their systems in a stronger direction so they can no longer be attacked by hackers and scammers, because hacking a system will make everything chaotic.

[amishmanish]

Defi is certainly revolutionary--snip--
Plus no matter how hard you try, sometimes a small issue is left which no one sees.

That is quite an excuse for millions of dollars being lost due to stupid zero-day exploits on code that these devs tout as "revolutionary"

For that hacking itself needs to be demotivated like via combined efforts by all exchanges to blacklist addresses as soon as they are found to be of hackers.

LOL, If the solution is to do away with hackers and just use code with loopholes, then why do we need DeFi at all? Why make it decentralized at all? Lets just make it well-policed. Lets just trust the services provided by the biggest exchanges. You are making so many leaps of faiths in your desperation to justify this that you are compromising on the fundamental aspects of this ecosystem.