Not understanding this back then cost me enough money to buy bubble tea for several months.
Today's topic: upgradeable contracts
Common proxy patterns include transparent proxies and UUPS (EIP-1822). The main difference is whether the upgrade functionality is written into the proxy contract or the logic contract.
Keep an eye on upgrade proposals announced by the protocols you use. If you don't understand the proposed changes, consider reducing the funds you keep in the protocol.
Quick look: $ETH is currently at 1778.72 (24h -6.56%).
Today's topic: upgradeable contracts
Common proxy patterns include transparent proxies and UUPS (EIP-1822). The main difference is whether the upgrade functionality is written into the proxy contract or the logic contract.
Keep an eye on upgrade proposals announced by the protocols you use. If you don't understand the proposed changes, consider reducing the funds you keep in the protocol.
Quick look: $ETH is currently at 1778.72 (24h -6.56%).
