Radiant Capital Security Incident Raises Questions About Safety Measures

According to Odaily, in response to the recent Radiant Capital security incident, Shen Yu (@bitfish1) questioned the lack of industry-standard safety measures. He asked, 'Why wasn't a time-lock (delayed execution mechanism) used for sensitive permissions, especially those involving funds, to ensure security?' The incident has sparked discussions within the community about the importance of implementing robust security protocols. Time-lock mechanisms are widely regarded as a standard practice to prevent unauthorized access and ensure the safety of funds. The absence of such measures in this case has raised concerns about the potential vulnerabilities in Radiant Capital's security framework. As the investigation into the incident continues, experts are emphasizing the need for stringent security practices in the industry. The use of time-locks and other protective measures can significantly reduce the risk of security breaches and enhance the overall trust in financial platforms. The community is closely monitoring the situation, awaiting further details and responses from Radiant Capital regarding their security protocols and future preventive measures.