First Flight #12: Kitty Connect

Summary

The system relies on off-chain payments, introducing centralization in an otherwise decentralized blockchain ecosystem. Users must trust third-party payment processors, compromising decentralization.

Impact

1. Trust Dependency: Users rely on third parties for payment processing, undermining decentralized trust principles.

2. Censorship Risk: Centralized payment systems introduce the risk of censorship and control by intermediaries.

POC

• Centralized payment processors can censor transactions based on their policies.

• Security vulnerabilities in third-party payment systems can compromise user funds.

Tools Used

Manual Review

Recommendations

1. Explore decentralized payment solutions to reduce reliance on third parties.

2. Implement robust security measures to safeguard against payment processor vulnerabilities.