I've seen the worst liquidations, not because smart contracts had bugs, but because the data input was off by one digit.
DeFi liquidation issues, random numbers in games being repeatedly exploited by players, RWA projects stuck on "how to prove the authenticity of this certificate"… Blockchain can calculate anything precisely, but as soon as it interfaces with the real world, it starts to drop the ball.
Everyone in the industry knows deep down: the biggest hidden danger is "the data itself is untrustworthy."
Until they met that team—a few quiet technical folks determined to fundamentally solve this problem.
**The beginning of the story: a group of people frustrated by real-world friction**
The founding team isn't famous; they are seasoned veterans who have been in the blockchain space for years: some have experienced DeFi projects being wiped out because price data lagged by 3 seconds, some have seen games trending on hot searches due to bugs in random number logic, and others have been stuck for a long time on the question of "how to verify the authenticity of property rights" in RWA.
One night in 2023, a voice call was so quiet it was a bit awkward.
Finally, someone spoke up:
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
3
Repost
Share
Comment
0/400
Rugman_Walking
· 10h ago
Even a single digit can cause a collapse; this is the most outrageous part—more unpredictable than contract bugs.
View OriginalReply0
SmartContractDiver
· 10h ago
A single number can blow up an account, that's true vulnerability... Honestly, the whole oracle mess has always been a big pitfall.
View OriginalReply0
MetaLord420
· 10h ago
Damn, just one number can cause a liquidation? That's too outrageous.
I've seen the worst liquidations, not because smart contracts had bugs, but because the data input was off by one digit.
DeFi liquidation issues, random numbers in games being repeatedly exploited by players, RWA projects stuck on "how to prove the authenticity of this certificate"… Blockchain can calculate anything precisely, but as soon as it interfaces with the real world, it starts to drop the ball.
Everyone in the industry knows deep down: the biggest hidden danger is "the data itself is untrustworthy."
Until they met that team—a few quiet technical folks determined to fundamentally solve this problem.
**The beginning of the story: a group of people frustrated by real-world friction**
The founding team isn't famous; they are seasoned veterans who have been in the blockchain space for years: some have experienced DeFi projects being wiped out because price data lagged by 3 seconds, some have seen games trending on hot searches due to bugs in random number logic, and others have been stuck for a long time on the question of "how to verify the authenticity of property rights" in RWA.
One night in 2023, a voice call was so quiet it was a bit awkward.
Finally, someone spoke up: