@SuiNetwork The handling method this time has its pros and cons, but we also see its centralized and united resilience. Bullish on SUI 1/ recent Sui Dealing with@ CetusProtocol DEX In the event of being attacked (223M USD), relatively decisive action was taken: validator The majority consensus is to suspend contracts, freeze addresses, and prevent further financial losses. Behind this is a 'Validator Driven Freeze mechanism'. 2/ Sui What is adopted Delegated Proof-of-Stake（DPoS） Consensus, currently there are 113 validator。 As long as it exceeds 2/3 validator By agreeing, specific smart contracts on the chain can be suspended, and even addresses can be frozen. Although this still appears to have a consensus system, it is also a centralized approach, as how many of these nodes are SUI Officially supported placement SUI 。 3/ This reminds me of the early days of Ethereum DAO Did the community face the attack incident back then rollback The Great Debate. The final decision has shaped today's Ethereum and Ethereum Classic Two chains. Differently, Ethereum's choice at that time caused the community to split; And this time Sui of validator Almost all of them are highly tied to official foundations, thus forming a unified action. 4/ This approach is' imperfect but effective '. Indeed, it has avoided larger scale capital outflows and demonstrated rapid response capabilities. But at the same time, it also raises questions about whether such control is decentralized or some form of consortium style central control? (It's not bad either, but it can't be ignored) 5/ Sui Regarded as one of the most impressive public chains in this bull market, Move Language is also considered superior in terms of security Solidity。 But this incident proves that even the most difficult technological architecture to attack will eventually face the black swan events of the real world. 6/ The handling of this crisis has been both good and bad: The good thing is that it acts quickly and effectively stops bleeding. The downside is that governance power is highly centralized, and the boundary between validators and foundations is blurred. It's not 100 points, but it's not a failure either. 7/ However, this governance style may be a prerequisite for large institutional funds to be willing to enter. Looking at Ethereum, it is still the chain with the largest market value because it has found a relatively stable balance between centralization and decentralization. 8/ Sui Will this event collapse? can't. Killing it will make it stronger. But the community and developers should also remember the warning brought by this incident: Strong technology does not mean immunity to risks, transparent governance is the long-term moat. 🙏🏼 Bullish on SUI