CAcapableweb·Jul 7, 2022
> The implementations are also very close to formally verified if not fully formally verified.
So is Eth2, see "Formal Verification of the Ethereum 2.0 Beacon Chain" by Franck Cassez, Joanne Fuller, Aditya Asgaonkar, paper (https://arxiv.org/abs/2110.12909) and source code (https://github.com/ConsenSys/eth2.0-dafny). More efforts to formally verify Eth2 is ongoing as well, by different entities.
> Nothing is perfect but cryptographic code has to be pretty bulletproof or a lot of systems would get owned
Same with Ethereum. The chance of having a major impact with a vulnerability is even higher I'd argue, as you can easily extract currency you can trade for USD, and the entire network is inter-connected, so finding targets to exploit becomes even easier.
Point still stands that cryptography goes over a lot of peoples head, but you don't hea
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r those people complaining that because they don't understand it, no one does.