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by pushtheenvelope
2647 days ago
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you are correct. The EVMs have definitely helped in this regard. That said, threat models keep evolving. As EVMs are now used, one needs to incorporate EVM manipulation in the threat model as well. The way to stay ahead of these threat models is to have an open, transparent process. A simple way to do that is to publish the design spec of the EVMs, and any source code. Invite audit from the world. Hiding it away is just "security by obscurity", which is well-known in the security community as not being good practice. |
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The folks in charge of making decisions don't understand security. I'm not criticising them, it's quite reasonable that a layman would think that security by obscurity works.