ScamSonnar Blog
Educational articles on crypto scams, wallet security, and how to spot risky tokens and contracts.
How Much Voting Power Does a Large Token Holder Have in a DAO?
DAO voting is weighted by tokens held, not people β meaning a single large holder can control outcomes regardless of how many people disagree.
What Is a Flash Loan Governance Attack?
A flash loan can briefly acquire enough governance tokens to swing a vote β with zero lasting capital commitment. Here's how the attack actually works.
Can a DAO Governance Vote Be Manipulated?
Token-weighted voting means capital, not people, drives outcomes β creating real manipulation opportunities. Here's how DAO votes can actually be gamed.
Are Layer 2 Networks Safe?
"Layer 2" isn't one uniform safety level β sequencer setup, proof mechanism, and track record all vary. Here's what actually determines a specific rollup's risk.
What Is a Fraud Proof in a Layer 2 Rollup?
A fraud proof is what actually enforces an optimistic rollup's assumption that transactions are valid β and it depends on someone actively watching.
Why Do Optimistic Rollups Have a Withdrawal Delay?
An optimistic rollup's withdrawal delay isn't a bug β it's the challenge period that lets fraud proofs catch invalid transactions before funds settle.
What Happens if a Rollup's Sequencer Goes Offline?
A centralized sequencer going offline halts new transactions on a rollup β here's what actually happens, and why most rollups have a fallback for it.
Can a Layer 2 Sequencer Censor Your Transaction?
Many Layer 2 rollups still rely on a single, centralized sequencer β theoretically capable of delaying or refusing your transaction. Here's what that actually means.
What Is a Layer 2 Rollup and How Does It Differ From a Bridge?
Rollups and bridges both move activity off the main chain β but a rollup extends Layer 1's security, while a bridge connects two separate chains entirely.
Is It Safe to Keep Crypto on an Exchange?
Whether an exchange is "safe" depends on amount, duration, and the specific platform β here's how to actually think through the trade-off.
What Should You Do if an Exchange You Use Gets Hacked?
If an exchange you use gets hacked, speed matters β here's the actual sequence of steps worth taking in the immediate aftermath.
How Can You Check if an Exchange Has Been Hacked Before?
No major exchange has a perfectly clean history β what matters is how it responded to past incidents. Here's where to check, and what to weigh.
What Is the Difference Between Custodial and Non-Custodial Wallets?
"Wallet" means two structurally different things in crypto β here's the concrete test for whether you or a third party actually controls your keys.
Why Does "Not Your Keys, Not Your Coins" Matter?
"Not your keys, not your coins" isn't just a slogan β it's the actual distinction between direct ownership and being an exchange's unsecured creditor.
Can a Centralized Exchange Freeze Your Withdrawal?
A centralized exchange controls whether your withdrawal processes at all β here's why that's structurally possible, and what an extended freeze might mean.
What Is Proof of Reserves and Why Does It Matter?
Proof of reserves is meant to verify an exchange actually holds what it owes customers β but not every version of it provides the same assurance. Here's what to check.
What Happens to Your Crypto if an Exchange Goes Bankrupt?
Crypto on an exchange makes you an unsecured creditor if it goes bankrupt β not a guaranteed owner. Here's what recovery actually looks like in practice.
What Happened in Past Major Stablecoin Collapses?
From Terra's total collapse to USDC's brief 2023 wobble β here's what actually happened in past stablecoin depegs, and how each one resolved.
How Can You Check What Backs a Stablecoin?
Verifying what backs a stablecoin means checking reserve reports, who audited them, and how recent they are β here's exactly where to look.
Why Are Algorithmic Stablecoins Riskier Than Collateralized Ones?
Collateralized stablecoins hold real reserves; algorithmic ones rely on a mechanism alone. Here's why that difference matters most during a real crisis.
What Does It Mean When a Stablecoin Depegs?
A depeg breaks a stablecoin's promise to hold steady value β some recover in days, others never do. Here's what happens, with real examples of both.
Is Crypto Legal?
Crypto's legal status varies by country β mostly legal with regulation, some restrictions, a few outright bans. Here's the actual global picture.
Crypto Regulations Explained
Crypto regulation isn't one unified system β it's a patchwork of different frameworks. Here's an overview of what regulation typically covers, and why it varies so much.
Is Crypto Regulated Differently Across the EU and US?
"Regulated" means something different in the EU's unified MiCA framework than in the US's fragmented, multi-agency system. Here's how the two actually compare.