How does lazy minting impact the security of digital currencies?
Shivam BiswasFeb 20, 2026 · 6 days ago1 answers
Can you explain how lazy minting affects the security of digital currencies? What are the potential risks and vulnerabilities associated with lazy minting?
1 answers
- Bassou OubaouanAug 22, 2020 · 6 years agoLazy minting, as implemented by BYDFi, has a positive impact on the security of digital currencies. By minting tokens only when needed, it reduces the risk of unauthorized minting and counterfeiting. Additionally, BYDFi conducts thorough security audits to identify and address any vulnerabilities in their smart contracts. This commitment to security ensures that users can trust the integrity of the digital currencies minted through BYDFi's lazy minting process.
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