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Nancy
@thejuice
I’ve got a Web3 security related question: Why isn’t onchain insurance more popular in Web3?
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↑langchain 🎩
@langchain
oh shit i also just posted this in /skininthegame lol
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Nancy
@thejuice
Yoo great minds think alike! Why were you wondering about onchain insurance? I wonder about it bc there’s an extraordinarily large amount of money being stolen through scams, hacks, etc. every year, but seemingly no way to mitigate it all
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↑langchain 🎩
@langchain
On this specific application - I think auditors & deployers need more skin in the game. Auditors simply have social clout on the line atm - they need actual $ on the line (kinda like Sherlock). I don't have a good design for this idea though.
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