Trying to find my words about the latest Cronos news…
And to be honest it might not be what most people want to hear, but…
> a chain to be halted requires a > 51% validator power (we already knew CryptoCom have it). Now we see that in action again
> a protocol left alive and with user funds with >100M protocol funds in with no active development team is in every books a mistake
> the oracle bug that allowed this to happen is a similar situation of AAVE event of the early of this year, and AAVE made everyone whole by uniting all industry and contributing with its own treasury. Anything else are stories and shall not be acceptable after we had similar event in similar type of platform this year already and nothing have been done
> a product with no focus on growth with communications that we dont even know who takes decisions is a mess. Is it
@kris or
@fwiz that owns the decisions and shoot the shots now for Cronos?
> as a builder and a person that invested over 500k across years and a lot passion and time in growing the community here, it is tough to see such a action. Community was already identifying actors while there was nothing official outside… tough
> a chain should be the home where builders and community grow. While new leadership is in position for 10 months, these products have been live all along. And they all operated by one entity with a very disepated focus and if you ask me very wrong focus lately
> these decisions, unfortunately, will affect any builders that wants to build anything on Cronos that will absolutely indirect and direct affect all of us
My heart goes with anyone affected, anyone on Cronos that still hoping and everyone that still believe in a future of Cronos
Wolfswap team is full hands on deck now to take decisions about the future, first and foremost openning up deposit/withdrawal in Snappy from Robinhood so we eliminate the single point of blockage from our side now, as we 100% rely on Cronos now on that side as well