Shaw Walters|Oct 30, 2026 15:39
Clean room reverse engineering is 100% legal. It is settled law. The code that my agents have built is novel and unique, and while it compiles to the same bytecode as the on-chain contracts, it is wholly different. I'm not taking anyone's anything.
This was established in two cases, Sega v. Accolade and Sony v. Connectix.
Anyone can reverse engineer anything at any time, to any binary file. Any game, any app, any smart contract.
That means that North Korea can do this. And indeed they have, and over $40m in funds was drained on-chain from private contracts last year alone.
I am not building a launchpad. I'm not building a competitor. I have no interest in that, and I don't think that what makes pumpfun valuable is their contracts. It's their user base, gamified product and implicit trust in their fair launch mechanism.
I am doing this out of personal interest and in the best interests of the public and everyone using this platform: if you're going to put your money into something, you should know your funds are safu.
This is the reason almost all protocol contracts are open source.
Somewhere along the line the gamblers took over from the cypherpunks and people just stopped caring, I guess.
Yesterday we saw the biggest financial hack in history occur.
Could this happen to PF? Absolutely. The skill level of a thousand agents hammering away at the security vulnerabilities in a contract is now greater than the best human auditing teams in the world.
The only thing that can stop a bad guy with a model is a good guy with a model.
We need to live in an open source world where agents are constantly attacking all financial infrastructure, finding the flaws and reporting them to teams to fix instead of letting bad actors leverage them to keep draining literally billions.
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