Last Hidden Security Committee Member: Jacek Czarnecki, Former Global Legal Counsel at MakerDAO’s Maker Foundation
We are a step away from a monumental launch — Lossless Protocol will go live and will be fully operational in protecting multiple cryptocurrencies which have implemented us so far and will do so in the future. There’s one day left for this to happen and we also have one Security Committee member left to be revealed publicly.
Our team is thrilled to introduce you to the committee’s last 9th member — Jacek Czarnecki, Former Global Legal Counsel at the Maker Foundation (MakerDAO). In simple terms, Jacek is a long-term technology lawyer specializing in crypto and web3. Multiple years of experience in various law firms, boards, associations, and more will be of exceptional value when investigating DeFi hacks. He will be joining the Security Committee in an individual capacity.
MakerDAO, where Jacek used to lead legal projects as well as execute legal strategy, is an open-source project on the Ethereum blockchain and a Decentralized Autonomous Organization created in 2014. The project is managed by people around the world who hold its governance token, MKR. Through a system of scientific governance involving Executive Voting and Governance Polling, MKR holders manage the Maker Protocol and the financial risks of Dai to ensure its stability, transparency, and efficiency.
Jacek shared: “Lossless Protocol is a unique and ambitious attempt to bring more security into the crypto space. I look forward to serving at the Security Committee.”
As of today, all 9 Security Committee members have been revealed to you:
- Alexey Koloskov, CEO of Orion Protocol
- Roman Semenov, Co-Founder of Tornado Cash
- Matthijs van Driel, Founder of Magnus Capital
- Harry Denley, Security Researcher from MetaMask
- Tiago Martins, CTO and Co-Founder of Polkastarter
- Dan Thomson, CMO at InsurAce
- Rex Hygate, Founder & President of DeFiSafety
- Adam Bém, Co-Founder & COO at Victoria VR
The Security Committee plays a crucial part in the Decision-Making Body of Lossless Protocol. Comprised of industry professionals, it will be in charge of hack report investigations together with the Lossless team and exploited token’s owner.
We’re extremely proud to have such distinguished people join us on our DeFi protection journey and know that spectacular things will be achieved ahead.
Lossless Protocol — launching on the 14th of April, 12:00 PM UTC.
MakerDAO is an open-source project on the Ethereum blockchain and a Decentralized Autonomous Organization1 created in 2014. The project is managed by people around the world who hold its governance token, MKR. Through a system of scientific governance involving Executive Voting and Governance Polling, MKR holders manage the Maker Protocol and the financial risks of Dai to ensure its stability, transparency, and efficiency. MKR voting weight is proportional to the amount of MKR a voter stakes in the voting contract, DSChief. In other words, the more MKR tokens locked in the contract, the greater the voter’s decision-making power.
Lossless is the world’s first DeFi hack mitigation tool for token creators. Apart from Lossless’ known cyber security solutions and renowned professionals, the community also plays a role. With a tangible reward system, community members are also encouraged to explore new ways to detect hacks and fraudulent transactions.
Lossless protocol halts counterfeit transactions through various methods of fraud identification and automatically reverses any stolen tokens back to the original owner. Its solutions to the impending problems of cyber theft within the blockchain space are thorough and applicable within many protocols.