The other day someone posted on the timeline lamenting on how his wallet got hacked😨😭😅, and he further said, he is suspecting the project he connected his wallet to 😂 Do you know that if a project have bad infrastructure there is every possibility that you are not safe 👇🧵

@LEKINZ_eth @0xLaurent_Avax 7.Blockchain Networks: Slow or unreliable networks (e.g., high latency, frequent outages) cause transaction delays or failures, frustrating users trying to interact with dApps or transfer assets. Bye for now🤍

@LEKINZ_eth @0xLaurent_Avax 6.Interoperability Protocols: Poor cross-chain solutions (e.g., unreliable bridges) can trap assets, prevent seamless multi-chain interactions, or lead to losses during transfers.

@LEKINZ_eth @0xLaurent_Avax https://t.co/gMVQSnSQhq and Auditing: Lack of audits or weak security measures increases the risk of exploits, resulting in financial losses or compromised user data.

@LEKINZ_eth @0xLaurent_Avax 4. Wallets and Identity: Insecure (e.g., poor UX, key mismanagement) can lead to lost assets, phishing risks, or difficulty accessing dApps.

@LEKINZ_eth @0xLaurent_Avax 3.APIs and Middleware: Faulty APIs or oracles (e.g., incorrect data feeds from Chainlink) can cause dApps to display wrong information or execute incorrect transactions.

@LEKINZ_eth @0xLaurent_Avax 2. Decentralized Storage: Unreliable storage systems (e.g., IPFS nodes offline) can make data or dApp front-ends inaccessible, disrupting user experience.

@LEKINZ_eth @0xLaurent_Avax ♦️ Now does bad infrastructure affects you as the user 1. Smart Contracts: Poorly coded or unaudited smart contracts can have vulnerabilities, leading to hacks, loss of funds (e.g., DeFi exploits), or malfunctioning dApps.

@LEKINZ_eth @0xLaurent_Avax 5. APIs and Middleware: Tools like The Graph or Chainlink for connecting dApps to blockchain data and off-chain info.

@LEKINZ_eth @0xLaurent_Avax 3. Decentralized Storage: systems like Filecoin for censorship-resistant data storage. 4. Node Infrastructure: Network nodes or providers (e.g., Infura, Alchemy) for blockchain access and validation.

@LEKINZ_eth @0xLaurent_Avax What are the key components of web 3 infrastructure 1.Blockchain Networks: Decentralized ledgers e.g., Ethereum, Solana for executing smart contracts and transactions. 2. Smart Contracts: Self-executing code defining project logic, written in languages like Solidity or Rust.

@LEKINZ_eth @0xLaurent_Avax ♦️Web 3 is characterized by decentralized, blockchain-based technologies that prioritize user ownership, privacy, and trustless interactions. The infrastructure for a Web 3 project typically includes both technical and operational elements that support its functionality,

@LEKINZ_eth @0xLaurent_Avax ♦️Now what is infrastructure you have been hearing about? Infrastructure refers to the foundational components and systems that enable the development, deployment, and operation of decentralized applications (dApps) and protocols in the Web 3 ecosystem.

@0xLaurent_Avax @LEKINZ_eth ♦️It involves determining key attributes like token type (e.g., utility, security, or governance), supply mechanics (fixed or inflationary), distribution methods (e.g., airdrops, mining, or sales), and incentive structures to align investors interests.

@0xLaurent_Avax @LEKINZ_eth Bye for now Like comment and retweet

@0xLaurent_Avax @LEKINZ_eth 5. Community Distrust: Unfair allocations or opaque practices alienate users, killing engagement. 6.Unsustainability: Overreliance on subsidies without revenue drains funds, leading to project collapse.

@0xLaurent_Avax @LEKINZ_eth 4.Centralization Risks: Uneven token or governance distribution leads to manipulation and loss of decentralization.

@0xLaurent_Avax @LEKINZ_eth 2.Misaligned Incentives: Poorly structured rewards encourage harmful behavior, like pump-and-dump by early investors. 3.Low Adoption: Tokens without clear utility fail to drive demand, making the project irrelevant.

@0xLaurent_Avax @LEKINZ_eth Now how does it Affect you as the users 1.Economic Instability: Uncontrolled token supply or high inflation dilutes value, causing price crashes and holder loss.

@0xLaurent_Avax @LEKINZ_eth ♦️For example, in a decentralized app, a utility token might be designed to reward users for contributing computing resources, with a capped supply to prevent inflation and a vesting schedule to encourage long-term commitment.