Leicester

Because that's too easy, right?

They're doing things behind the scenes that can drain it.

without having to have that front end spotlight on the ability to drain it.

So when you're trying to assess a project, as I close, sometimes you're not going to know upfront.

Sometimes you're not going to be aware that that risk is there, especially if the audit was not transparent or not complete or not done against prod production.

And sometimes the audits can't catch it because usually that kind of node diversity develops over time.

So upfront, it might be clean,

but then over time you're building out all these notes.

And if there's not a transparent identification and identity and KYC process in front of it, you don't know what those people are doing.

Even if you do identify them, if certain people are good at tricking you into thinking that they're on your side, let's say, Hey, I'm here to support the chain and I'm here to represent you.

They're saying that upfront, but behind the scenes in secret, they're in collusion with the leadership of the project.

do you know that they're they have your best interest at heart by doing so if they're not transparently talking about things that are to your detriment that they were aware of that's what happened with the ship ecosystem and certain others so that's my feedback to you is consider sometimes you're not going to know going in you're not going to know that this malicious activity begins to happen

post launch.

Sometimes a project can launch and it's fine.

And then after launch, this happens.

That's what then causes the pump and dump graph that you often see on projects.

see i told you the cologne scented book wasn't gonna cut it folks crypto talk.fm my name is leister i am your host i stumbled across again i tend to do this on the weekend i stumbled across a very interesting post that is in response to an incident that happened a while ago

And I'm going to briefly talk about the incident.

I didn't do deep coverage on the incident because in one of my older episodes, I said everything like it's a matter when the leash from the ship ecosystem, the leash started printing out of control.

I was one of the first to do the coverage about the supply having increased and the message that came out somewhere that claimed it was a one-time 10% increase and that not that it was increasing 10% per day.