In this episode, we talk about the developmental philosophy of Move fast and break things, its origin, and how it drove the development of Facebook and other startups to success. Then we explore the concept of “safety-critical systems" and why these systems are different from systems like social media platforms. Then we compare the developmental philosophies of Ethereum and Solana and why blockchain-based solutions are not gaining any traction regarding real-world adoption.

Outline:
0:00 Introduction
01:58 What does "Move Fast & Break Things" mean?
05:13 Application of "Move Fast & Break Things" in web2, an example of Facebook
12:20 What are Safety-Critical Systems
16:11 Example of Boing 737
19:52 Why Blockchains are safety-critical systems
22:50 Examples of Ethereum
28:06 Vulnarabalilitie of Ethereum
36:36 Example of Solana
38:27 Why "Move Fast & Break Things" is not working for web3

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Referenced in the show:
https://teampassword.com/blog/facebook-hacks-a-history-of-security-breaches-at-facebook
https://blog.growthhackers.com/what-is-a-north-star-metric-b31a8512923f
https://www.nytimes.com/2018/09/28/technology/facebook-hack-data-breach.html
https://smallbusinessprogramming.com/safety-critical-software-15-things-every-developer-should-know/
https://succeedsooner.ca/2019/09/23/dont-move-fast-and-break-things/
https://www.ft.com/content/4ecdb67c-beb9-11e1-b24b-00144feabdc0
https://www.itnews.com.au/news/rbs-hit-with-102m-fine-for-it-failures-398072
https://iohk.io/en/blog/posts/2016/09/09/ethereum-classic-an-update/
https://medium.com/hackernoon/the-evm-is-fundamentally-unsafe-d69f2e3b908b
https://www.coindesk.com/business/2021/10/03/66m-in-tokens-added-to-recently-hacked-still-vulnerable-compound-contract/
https://decrypt.co/93874/biggest-defi-hacks-heists
https://www.cybavo.com/blog/compound-defi-protocol-bug-causes-90-million-reverse-rug-pull/
https://4irelabs.com/articles/top-17-smart-contract-hacks/
https://hacken.io/discover/most-common-smart-contract-vulnerabilities/
https://csxqli.github.io/files/SPB22-2.pdf
https://ph.news.yahoo.com/synthetix-reverses-oracle-error-caused-160600347.html
https://anycoindirect.eu/en/blog/how-ftx-and-alameda-research-caused-the-collapse-of-solana


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