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by ddingus 1605 days ago
"The gas fees of such a check would probably be higher than the losses averted, especially in the long run. And any "losses" are essentially distributed among all ETH holders anyway. "

This is also how high toxicity systems get made.
1 comments
FDSGSG 1605 days ago
The real solution is better client software. Doing these checks on the client-side is free, that's where they should live.

It would be stupid to put these checks in the contract, they would be very expensive and only help people using unsuitable client software.

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ddingus 1605 days ago
"It would be stupid to put these checks in the contract, they would be very expensive and only help people using unsuitable client software. "

You feel all client software will be suitable?

I don't. There is NO WAY. Lots of people will do ANYTHING for a bit of margin, hoping for volume.

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FDSGSG 1605 days ago
>You feel all client software will be suitable?

Of course not. There will be more advanced software for expert users that allows them to manually create potentially riskier transactions. That's perfectly fine.

Client software targeting end-users should have such checks.

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ddingus 1604 days ago
But it just won't. You read it here first.
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FDSGSG 1603 days ago
This really doesn't line up with the reality of how most people are congregating around user friendly wallet software and steering away from the more advanced options.

You only one need one wallet software to be the official WETH-approved client, sucks for anyone else risking their money with unsupported software.

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ddingus 1601 days ago
I am quite happy to be proven wrong.

We shall see. And for me, safely and at a distance.

Frankly, the small cost of robustness in contracts should have been factored in from the beginning. It just does not need to be so damn lean and rickety.

The incentives are wrong here.

My prediction is the current state of affairs all gets ripped up and replaced after a time. And until that happens, we are likely to see activity largely limited to people who have a healthy appetite for risk.

Perhaps it all is as it should be too. Had the reverse been done, emphasis on slightly more expensive contracts that are robust and able to deny the costly errors, I would imagine others clamoring for people to adopt the rock bottom lean stacks...

What it won't all be is dull, will it?

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