$227.49 -1.30%
ETH · 5w is finally trustless + you can do to protect your funds with insurance coverage from NexusMutual .... this is really coool 😮 Is Finally Trustless!

We have some great news! As we promised from our previous report, we have set the operator address to 0x000000000000000000000000000000000000 on all instances (0.1 ETH, 1 ETH, 10 ETH, and 100 ETH), so that from now on, all contracts are immutable and unstoppable.

What it means

From now on, is largely living by the precepts that code is law. The smart contracts are running on Ethereum and the community has the decision on whether or not to use our tools.

There are pros and cons to this. The positive thing is that no one can modify the smart contracts and the protocol is decentralized and unstoppable, as long as Ethereum isn’t changed or taken down. The tricky part is that the team is also not able to protect the users from bugs anymore as we did before. However, we did our best to secure the project before giving up control. Please have a look at the audits of the smart contracts and of the trusted setup ceremony. One more thing you can do to protect your funds is to get an insurance coverage from NexusMutual.

Decentralized UI is not just decentralized on the smart contract side. We’ve also moved to decentralize our user interface and site. We’re now using IPFS to deploy our UI at and have also published our minified UI repository Feel free to run it on your localhost.

Please keep in mind, that the main domain could be unavailable in some countries.

Decentralized Relayers

We also do not control or have any role in relaying transactions. The relayer’s network is independent of our team and is set up by folks running a node by following the instructions here:

Currently, there are 4 independent relayer nodes.

Decentralized Full Node RPC (Help Wanted)

If you run a full get...

Continue on
Recent news