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The issues I have with W-LEO
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@ash
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1 min read
Who protects holders from rogue parties?
Can the owner of hive-engine issue LEO tokens? Can the owner of LEO on HE issue LEO tokens? Can the owner of WLEO issue "fake" tokens?
The answer is: yes to all, probably.
How many single points of failures does this have?
Who protects holders from rogue parties?
The answer is: no one. It's dangerous.
As much as I like the LEO project, it's painfully centralized on so many levels that it's almost negligent to advertise it in my opinion.