I should have absolutely elaborated and explained that the hack was rooted in solana, it’s an important distinction. I’ve been ruminating on very similiar ideas since the hack, mostly why the hell solana still has popularity. Or really any of the other L1 chains. Any other chain makes at least one sacrifice in the blockchain triangle and in the end those are the fundamentals that drive crypto. I think the nature of the hack is slightly hilarious as well. As a more technical person explained to me, the exploit+fix was actually publicly published for anyone to see, and wormhole just didn’t fix it. $320 million of negligence is quite a beautiful thing to see sometimes.
'member back when George Soros broke the Pound? Now that Jump has announced that it's worth a third of a billion dollars to them to keep Solana alive, how hard would it be to take a flyer at it to see just how committed they are? And how much would it cost to hedge your bets that you can make them cry uncle?