Impossible Cloud Network’s Wawrzinek: Open Sea Data Leak Indictment of Lax Web3 Data Practices

The faults that contributed to the massive data leak on the NFT platform Open Sea back in 2022 came home to roost on Monday when more than seven million email addresses were publicly released. Impossible Cloud Network co-founder Kai Wawrzinek it’s a “sad indictment of Web3’s lingering reliance on unsafe, centralized computing solutions.”

Wawrzinek said that it is even more pitiful because decentralized solutions exist and are ready to be adopted, particularly in the decentralized physical infrastructure network (DePIN) sector.

“The news that a shocking seven million email addresses that were stolen from Open Sea in 2022 are now being openly shared in public, subjecting owners to any number of scams and hacks, is a sad indictment of centralized data solutions,” Wawrzinek began. “And it’s particularly sad for the Web3 industry, which is all about building a decentralized internet, yet is still largely using centralized servers and email providers on its backend when safer, decentralized solutions exist and are ready to be adopted.”

He added that the fact that an employee of the email automation service Open Sea was using – Customer.io – actively leaked the information was also shocking. While leaks can’t be avoided anywhere, he sees much stricter controls at Web2 companies handling large amounts of data due to the fact they have to comply with regulations.

The answer in web3 is not more regulation, though, it is full decentralization, Wawrzinek countered.

“As some (but not enough) commentators have frequently pointed out, it is madness to be attempting to build a decentralized Internet on centralized servers that are so vulnerable to leaks and attacks like this.”

“As the volume of data we are now producing increases exponentially with the use of AI, it has never been more important to implement genuinely decentralized storage and operational solutions for Web3 – and these solutions already exist in DePIN. In fact, at ICN, we are already helping over 1,000 enterprises to decentralize their data storage.

“Major data hacks are not only a serious threat to our privacy, financial security, and even national security, but extremely annoying in their avoidability.”



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