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@chase_mew_

Building @BounceTech
Joined October 2019
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Chase Verified account @chase_mew_
In 1984, Ken Thompson showed a compiler could hide a backdoor that no source audit would ever find.

In 2023 Curve lost $62M to this. The Vyper source was fine but the compiled reentrancy lock wasn't.

As exploits continue to increase, we're going to have to include the final bytecode in the scope of audits.

Compiler bugs up 3.1x this year compared to last.
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Chase Verified account @chase_mew_
Blockchain exploit increases from AI aren't just happening at the Smart Contract level. They're also increasing at compiler, chain & node level, and even more dramatically.

Looking at the numbers from just so far this year, not even annualising, we have the below increases in exploits at each layer of the stack.

The deeper you go, the faster it's increasing.