Dfinity founder criticizes Web3's' pseudo chain 'mode and suggests migrating Safe {Wallet} to ICP to enhance security

According to Dominic Williams, founder of ICP, a North Korean hacker group recently successfully stole $1.5 billion from Bybit, mainly by exploiting a web vulnerability in Safe {Wallet}, which is hosted in the cloud rather than on smart contracts. Williams criticized some Web3 projects for running only on "fake on chain", which poses security risks, and suggested using ICP (Internet Computer) for on chain computing, data storage, and user experience verification to enhance security. He proposed migrating Safe {Wallet} to ICP and adopting encrypted authentication mechanisms and multi-party consensus governance (such as SNS DAO) to enhance security. Related reading: Is a Safe Wallet Safe? Quick Overview of Bybit Forensic Investigation Report