Dan Elitzer
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so there's a lot of vulnerable shit throughout the stack, sorry, that is just out there and live right now.
And so we have to, like, there is a race right now between the white hats and black hats in terms of who can secure existing systems faster.
Once we get into 2027 and beyond, all systems that are deployed going forward are going to be like rigorously superhuman tested and secured both upfront and an ongoing basis by best in class kind of super intelligent security models.
So this period until we get to that point, we've kind of cleaned up all that backlog is the period of max danger.
What do we do?
We go kind of like old school on this.
It is the rate limits.
It is the circuit breakers.
It is just defense in depth on everything.
Think about every layer of your stack from smart contracts to front ends, DNS records, individual employee and workspace accounts, your physical hardware using isolated hardware for like security critical actions.
Do like...
multiple channel confirmations with the other people that you need to coordinate with to take these secure actions, like all of the things, do them.
Now is the time where you need to step up and make it happen.
This goes for every organization, in crypto especially, but anybody who is building anything in the digital world, which is like everybody.
Yeah, I mean, to be honest, I think some of the insights with layer zero is like it's not the wrong approach to have kind of a limited, modular, permissionless infrastructure.
We just need to raise the standards for how that infrastructure is then deployed and maintained.
And so to the point about like Morpho, I think these isolated models
which Aave v4 also moves in that direction as well.
I think we need to break it up so you can like limit the collateral damage around any type of exploits that happen, but we need to do a better job setting the defaults really high in terms of security that we do around each of these modules, right?
I was talking with the Morpho team and others and been like, okay, how are we continuing to level up security?