kaili.eth Profile picture
Research @Circle, ex Stanford CS + blockchain research, co-creator https://t.co/jHzpIMcYwT
Sep 25, 2022 6 tweets 3 min read
Super exciting to see ppl putting out ideas and improving what theft-reversibility would look like. Adding them to this 🧵

First up is an idea which has come up a few times: putting it on L2 (also creds to @0xkydo on this) 2/ wrapper token, also mentioned by several
Sep 24, 2022 14 tweets 4 min read
Billions in crypto stolen. If we can't stop the thefts, can we reduce the harmful effects?

Over recent months, a couple other @Stanford researchers and I drew out and prototyped ERC-20R/721R to support reversible transactions on #Ethereum.

See post & 🧵:
mirror.xyz/kaili.eth/gB-r… 2/ The major hacks we've seen are undeniably thefts with strong evidence. If there was a way to reverse those thefts under such circumstances, our ecosystem would be much safer.
Our proposal allows reversals only if approved by a decentralized quorum of judges. The steps: