Don't hate the messenger.
I wrote a few articles about the US Treasury Department Ban and Sanctions against Tornado Cash, a cryptocurrency mixer providing privacy to cryptophiles.
Read those articles about the Tornado Cash Ban here: and the freezing of Justin Suns Funds Here
I also wrote about how celebrities and other famous cryptocurrency people are being trolled by someone who decided to send 0.1 ETH to them via TornadoCash, and how their wallets were frozen on Aave, Balancer and a few other DeFi projects on Ethereum.
I recently read an article by @forexbrokr in which he mentioned that Aave's website or front end is not the Aave protocol. I wish to expand upon his reference and explain how the blocked parties could get around the Aave block.
This distinction is important because it means Justin Sun and those other people whose wallets have been frozen by Aave due to the activites of this troll, have a way to access their funds.
In simple terms the Aave protocol has a front end, which is the website, and a backend, which is the software running the protocol. The front end is designed as a landing page for people who want to interact with the Aave protocol. This is in a sense similar to what we have on Hive, as in we can interact with the Hive Blockchain using Hive.Blog, Peakd.com, Eccency.com and Leofinance.io to name a few.
Those are like front-ends, which interact with the back-end called Hive blockchain, and the social media software we call the Hive Community.
Forks and Front-Ends
- You can in theory fork the Hive Blog at hive.blog.com log.com to create another front end.
- So if you were blocked on Hive you could access your blog and wallet from such a fork.
- So if you were Justin Sun, you could hire developers to fork the front end of Aave to create a clone website as a new front-end, which would in theory allow you access to the Aave protocol, which is on the back-end.
- Then he could connect his Metamask wallet to this clone website, access his cryptocurrency on Aave, and then remove his tokens.
- This is all theory, as I don't write software or fork code, but people have been forking defi project code since defi was invented. In fact our beloved Cubfinance is a fork of Goosefinance.
- This of course brings us to the title of this artice. Justin Sun who created Tron, and has made millions creating cryptocurrency tokens, he or his developers could fork the front end of Aave and create a new front-end. Which would provide him access to the back-end of the Aave protocol to withdrawal his funds.
- Then he could keep the front- end working and charge a fee to people blocked from the Aave front end, so they can access their funds.
- Thus the irony of the situation is that he could get his money back and make more money in the process.
- In this way, Justin Sun could have the last laugh.
- Thanks Forexbrokr for pointing me in this direction.
- So if any of you get your funds frozen on Aave, there is still hope.
@shortsegments
