🎙Episode #11: The Subtle Art of DYOR

Dec 12, 2023•2 min read

HODL, ATH, FUD…crypto acronyms are just the best, which is why today’s Social Block is about what is arguably one of our most important blockchain acronyms: DYOR (Do Your Own Research).

Safety in the blockchain industry is a much-debated issue, and being responsible for your own analysis is vital for everyone from beginners to OGs. That’s why we invited Dyma Budorin, CEO and Co-founder of trusted blockchain security auditor, Hacken, to talk about security on-chain, what to look out for, where to look, and what tools and applications to use for the best results.

Episode #11: The Subtle Art of DYOR

Dyma and Magy covered quite a lot in this episode, starting from a rather more ideological conversation on the modern concept of trust – a.k.a trustlessness, and circling back to Dyma’s practical tips and tricks on researching your way through Web3 waters. Key topics included:

🔍 Not just why, but how to DYOR.

📊 Stats! Find out what percentage of projects have verified smart contracts and follow their initial whitepaper plans. The numbers are surprising and important to know.

⚖️ The blockchain dilemma on whether or not we want entities and institutions for protection against hackers and scammers over our desire for decentralized autonomy.

🏗️ The knowledge gap between Web3 developers and those who cannot read code as a key speedbump to DYOR.

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About Your Host The Social Block’s host is our very own Magdalena "Magy" Hristova – one of Nexo’s PR Managers and a passionate advocate for the blockchain and crypto industry. Magy’s been in the crypto space since 2019, mixing her curiosity for anything “techy” and her vision for a future where blockchain is seamlessly integrated into our lives with a splash of color from her background in theater.

Join us in this enlightening journey to understand the complex yet thrilling world of crypto investments and the narratives that shape them.