Covering Against Smart Contract Bugs with Nexus Mutual




Into the Ether show

Summary: Hugh Karp, founder of Nexus Mutual, joins the show to talk about insurance coverage for smart contracts. Nexus Mutual offers a way for people to buy coverage against potential bugs in smart contracts they are using. If there is a bug, the person who holds coverage can file a claim and those in the mutual can decide if it's a valid claim or not. In the past few months, Nexus has had to handle a variety of different situations and claims. Hugh walks us through how the mutual works and the future plans for it.