Uniswap Vote on BNB Deployment Ends With Silicon Valley’s A16Z on Losing Side

“[W]e don’t imagine Wormhole provides essentially the most safe or decentralized bridging possibility,” wrote Porter Smith, a associate at a16z Crypto, citing final yr’s $326 million hack of the Wormhole platform as a key issue within the agency’s opinion. An a16z consultant additionally informed CoinDesk the agency took difficulty with the method the DAO used to evaluate completely different bridge choices, suggesting the neighborhood re-do the vote after finishing a extra formal evaluation of the bridge contenters.