The philosophy of decentralization is injured by the sword

Although it was not, the use of decentralized mechanisms with cryptocurrencies to execute fraud always tended to be interpreted as a myth, instituted from outside, by governments and regulators.

Official entities and their acolytes never spared in ahistoric and accusatory judgments to imply the following: decentralized networks and their cryptoactive They are used for Scam, wash money and shy away “healthy” controls that guarantee civility and respect for common laws.

Until recently, the developers and companies behind the defi platforms did not seem to feel very afraid in front of these accusations. It was very easy to interpret these invective unilaterally such as what they are only in part: an veiled form of declaration of interests, issued to regulate more the economic relations of self -assumed “free” individuals.

But the philosophy of decentralization in cryptocurrencies and digital finance has been injured by the sword. The edge on the side was attached to bybit, a platform that, although it is not a decentralized exchange, He left a stele of blood in cryptocurrency ecosystemsespecially in defi.

The North Korean group Lazarus stole Bybit more than 499,000 Ethers stored in a Wallet Safe, without violating private keys, or modifying intelligent contracts in Ethereum, but through a sophisticated social engineering resource that modified the JavaScript interface of the Safe Gnosis website. To achieve this, the hackers obtained access to the computer from an employee of the company that offers Wallets of Self -Custody.

Once they stole this huge amount of money, they began to move it through decentralized networks and applications. Some of the DEX where the North Korean group Lazarus is leaving the bleeding of its crime are Chainflip, Thorchain and Exch.

After the hacking, Chainflip deactivated the Border section of its service and implemented an emergency software update, the version «1.7.10». This update sought to block transactions linked to Bybit’s hacking to protect liquidity suppliers and users. Here, precursors of the decentralization ideal were forced to contradict themselves, intervening directly into the economy of their liquidity.

Exch, another DEX, refused to cooperate with Bybit to block or track stolen funds. After Bybit requested help after detecting 5,000 eth washed, using BTC via Exch, on February 22, Exch justified its refusal citing that some of its users were bane by Bybit previously, And they doubted to help because that exchange had the DEX in a list of high -risk exchanges.

Exch, then, tried to preserve the ideal at all costs fed by quarrels of the past. Probably, this will pay with its reputation a very expensive price.

This was what happened in Thorchain, a Dex de Bitcoin

The use of exchanges to launder money in front of the eyes of the world caused no less than a philosophical crisis within the defi ecosystems.

One of the sequelae of this crisis was experienced by the most important dex of Dex Thorchain, who left his leadership post. This happened after his attempt to freeze the funds stolen by the Lazarus group was reversed through a vote.

A validator of this network announces that it is also tempted to abandon “if we do not quickly adopt a solution to stop NK flows [Norcorea]this will probably be one of my latest publications on the topic TC [THORChain]”.

For the validator, there is a marked disparity of beliefs between the Thorchain community and the users who use the protocol, which also quotes that the potential use of BYBIT stolen funds to finance nuclear armament in Norcorea It particularly affects Thorchain’s members, all Americans.

The TC community has solid convictions based on what they learn from a message that has nothing to do with the reality of people who have been working in the front line. For a long time, people who communicate and those who maintain the network have different points of view.

@1984_IS_TODay, Thorchain Validator.

“Sometimes ideas seem beautiful on paper but do not materialize in reality,” said the validator in reference to the wound in the philosophy of decentralization. The war against Lazarus demonstrates that decentralization is not practicable in all cases, and that its systems can favor, when not allowing systemic catastrophes to various levels. In this scenario, the defi are questioned and decentralization does not seem like a unanimous ideal.

Often, ideals disappear, or reconstruct and transform. After bleeding, they die or are reflected in a distinctive image of themselves, often more synthetic, improved by moderation. Other times they subsist in an abúlica, lifeless version, so they lose transcendence. This process happens in all human orders: political, economic, social, philosophical.

To the ideals, it is only enough for someone to twist at their weak point, using brute force, so that they cause a rebound effect, usually in the opposite direction of the path they wanted to pave. Because the main function of ideals is to cure, it is thought. And they believe they achieve it, until someone realizes that they are not medicine.

Unfortunately, that realization only happens very late, when ideals lie overthrown and sprayed in the material war field, where ideas descend to prove.

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