Control Exists but Is Socially Unusable
- Emergency powers exist, but using them triggers credibility loss. Teams delay until damage becomes irreversible.
Audit Does Not Cover Economic Safety
Smart contract audits verify that code behaves as specified. They do not evaluate whether the system remains safe under real incentives and adversarial conditions.
Incidents Fail When Intervention Rights Are Undefined
In Web3, incidents often fail at the moment of action, not detection.
Oracle and Resolution Design for Prediction Markets: Trade-Offs That Decide Trust
Every oracle model trades speed against manipulation resistance. Compare single reporters, committees, optimistic oracles, and voting to pick the right resolution architecture.