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#HSCLifeRules# - Aneirin Flynn, Co-Founder at @getfailsafe, HSC Asset Management Singapore, October 8 The economics of cybersecurity are fascinating. An attacker is always incentivized to outcompete someone who is lazy and leans too heavily on the platform they use, so the trend will always favor the attacker Now take on-chain versus off-chain. We trust the banking system and TradFi because they're slow. We designed them that way. Settlement is never instant, and the asset people care about sits in a vault. If the contract falls through, the assets are still there. So I'd say the risk is very much on the on-chain side. That's where we see the most disputes and the most risk #HSCSingapore#
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