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When we talk about security (“secured by eth”) it’s about

how txs are validated no?

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Ya secured by ETH as in if the SC was exploited would the funds be reimbursed to the SC holder?

J- Автор вопроса

By who?

y ai was niavely thinking by a hedge or an asset pool but i see the SC is not backed by anything huh?

there is enough equity in ETH itself to fufil stolen or exploited smart contracts --for some reason i imagined that would be the case--there is no contract to read though lol

J- Автор вопроса

I don’t know what you mean by this

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