Cosine of slow fog: Renzo's ezETH contract has the problem of excessive authority, but the Owner signed multiple contracts and added Timelocker.
According to online reports, Slow Fog Cosine issued an article on the X platform saying: "Give a thumbs up to mETH Protocol, promptly intervene in the review, and recover the 15,000 cmETH stolen by Bybit. At this time, the vast majority of people applauded this kind of censorship or interference. I don't know about mETH Protocol yet, but I can give an example of another interesting security balance design: Renzo's ezETH contract has problems with too much authority, such as upgradeability, mint/burn, etc. However, the Owner signs multiple times and adds Timelocker for 7 days, and has established a proposal mode. So if ezETH wants to do evil and discovers it in time, everyone has a 7-day buffer time to make a choice. This security balance model is very mature in the Ethereum ecosystem."
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.