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Haven1 CEO Advocates Balance Between Openness and Security in Web3

The Haven1 CEO emphasizes that the belief that blockchain systems must be entirely permissionless isn't entirely accurate; even open networks can be centralized, and permissioned ones can maintain decentralization and security. Today, in Web3, anyone can deploy smart contracts, which has unfortunately led to scams and thefts; Haven1 adopts a novel approach by restricting contract deployment to verified developers and requiring comprehensive audits, blocking dangerous contracts at the network level. They maintain user freedom through solutions like hPassport Lite, which enables trading and DeFi activities without full KYC, reserving identity verification for specific use cases. Their aim is to strike a balance between user freedom and builder accountability, fostering a safer DeFi environment. The message to the Web3 community is one of balanced openness—avoiding chaos while protecting users and preserving the core spirit of Web3.
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AI Analysis

The CEO’s message addresses fundamental issues in the current Web3 landscape, such as the misconception that open, permissionless systems are inherently the best. His clarification that open systems c...

AI Recommendation

Investors and developers should take heed of the emphasis on responsible development and enhanced security measures advocated by Haven1. Supporting projects that prioritize verified deployments and co...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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