Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack
LayerZero is under fire for its response to the $290M KelpDAO exploit after the they blamed Kelp’s configuration for the incident.
➤ LayerZero is facing significant criticism for blaming KelpDAO's configuration for a $290 million exploit, with the crypto community arguing it's a deflection of responsibility. ➤ Critics argue that LayerZero's system design, which allowed a 1-of-1 verifier configuration, is a flaw, and that compromising DVN RPCs is a failure of LayerZero's product. ➤ The article suggests that simply using multiple DVNs is not a sufficient fix, as they often rely on the same RPC providers, and proposes that verifiers should run their own full nodes for true security.
