I didn’t understand this back then, and the money I wasted could’ve paid for several months of milk tea.
Today’s topic: upgradeable contracts
A proxy contract executes the code of a logic contract using delegatecall, with the code running in the proxy contract’s own storage context.
Before depositing funds, check a block explorer to see whether the contract is a proxy, which address has permission to upgrade it, and whether there’s a timelock.
For comparison with the market: $ETH is quoted at 1827.42 (24h -4.6%).
#ETH
This isn’t trading advice.
Today’s topic: upgradeable contracts
A proxy contract executes the code of a logic contract using delegatecall, with the code running in the proxy contract’s own storage context.
Before depositing funds, check a block explorer to see whether the contract is a proxy, which address has permission to upgrade it, and whether there’s a timelock.
For comparison with the market: $ETH is quoted at 1827.42 (24h -4.6%).
#ETH
This isn’t trading advice.
