What’s absurd is this crypto maximalist take.

You can’t just make up your own permission and punishment system, and then expect the legal system to just step aside and let it handle all disputes, especially when it comes to fraud. That’s like founding your own city in an existing country, and declaring all existing law obsolete. I know some people think this is a real possibility, but the real world doesn’t work like that.

IANAL and all, but bad/unfavorable contracts and literal deception/fraud are two different things, at least in the legal system. Not everything that’s technically possible is also allowed, obviously.

Compare it to using a security flaw to hack into a system. Technically you’re only using the official API, maybe in unusual ways, but still. But you’re doing it in bad faith and causing harm, maybe pretend to be someone you’re not or inject fake data into the system, and that can make a difference.

It’s not. They tricked some MEV-Boost bots into doing bad trades.

Here is a more detailed explanation of the exploit.

The Pepaire-Bueno brothers exploited a bug in MEV-boost’s code that allowed them to preview the content of blocks before they were officially delivered to validators, according to the indictment.

The brothers created 16 Ethereum validators and targeted three specific traders who operated MEV bots, the indictment said. They used bait transactions to figure out how those bots traded, lured the bots to one of their validators which was validating a new block and basically tricked these bots into proposing certain transactions. […]

So hardly an attack on any core system of cryptocurrencies.

I hope at that point we have enough capable alternatives. Like, hopefully around the time they add ads is also the time when open-source models and apps have caught up again.

It’s a group therapy called !linux@lemmy.ml

This is pretty impressive and hella creepy!

Personally I think it’s more important to break big-tech’s hold on online communication. Every single user who leaves a centralized platform to join the Fediverse is a win in my books! Another thing is that we never had a mainstream decentralized, nonprofit and non-algorithmic social network before afaik, I’m actually not sure if the climate will evolve like it did with the other networks.