News

LayerZero Witch List Introduced, False Positives Reviewed in 24 Hours!

Key Points:

  • CEO Bryan Pellegrino introduces a temporary LayerZero witch list on the X platform to enhance security.
  • Users are urged to review and report inaccuracies in identified clusters within 24 hours.
  • The list will be updated based on community feedback to ensure 99% accuracy in identifying potential threats.
In an announcement from LayerZero Labs CEO Bryan Pellegrino on the X platform, a temporary LayerZero witch list was launched to increase security.

The list, which is made to track potential threats, invites community reviews to check the accuracy of the results.

“We will post it here for community review. If there is a cluster here that is wrong or can be proven wrong, we will delete it,” Pellegrino said in his announcement. “It is not based on individual addresses – that has to be understood – but based on clusters that can be identified through these particular criteria,” he said.

The mistakes in the given list should be indicated by community members in the next 24 hours. “Please list the wrong clusters and why this method is wrong or how to prove it contains false positives, stated Pellegrino.”.

Read more: Cheapest Crypto to Transfer to Your Wallet With Close To Zero Transaction Fees

LayerZero Labs Implements Temporary LayerZero Witch List for Enhanced Platform Security

Pellegrino acknowledged that some of these reports have been verified but are yet to be incorporated into the list. He reassured the community that though minor updates may happen the next day, ” this iteration reflects 99% of the clusters identified.”

The LayerZero witch list shows that LayerZero Labs proactively manages risks and security. The platform employs community experts to review its security in real time, refining it to create a much safer user environment.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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