Adam Back, co-founder of Blockstream, has criticized Ethereum’s
ETH ($2,654.09)
$2,660.25
Virtual Machine (EVM), arguing that its design is responsible for repeated security breaches, including the recent $1.4 billion hack at Bybit
$2.19B
.
Following the hack, Back took to X on February 22 to describe the technology as “complex, fragile, and blind-signed”.
“Another day, another EVM contract hack”, he wrote in another post, adding that billions have been lost over the years due to these issues.
