Scenario: Cryptocurrency Exchange Failure

[CatTruxillo]

This is a discussion forum for the activities in the Robustness module of the Free SAS e-learning course, Responsible Innovation and Trustworthy AI.

Scenario: Cryptocurrency Exchange Failure

Consider This: 

What is the role of documentation and oversight in ensuring robustness? 

Please share your ideas in this discussion. 

[ElectricRose]

I remember diving into crypto a few years back and experiencing firsthand the chaos when a small exchange I used shut down unexpectedly. I lost a bit of money—not a life-changing amount, but enough to make me think about the lack of accountability. Documentation and oversight are crucial for robustness in these cases.

[ElectricRose]

I remember diving into crypto a few years back and experiencing firsthand the chaos when a small exchange I used shut down unexpectedly. I lost a bit of money—not a life-changing amount, but enough to make me think about the lack of accountability. Documentation and oversight are crucial for robustness in these cases.

It reminds me of when I joined a DAO for a blockchain project. The governance structure, with its transparent voting and smart contracts, gave me confidence in the system. Everything was documented and available for review, which was a huge contrast to traditional exchanges.