Recently looking at the IBC / cross-chain messaging system, my mind is a bit tangled: a single "send from A to B," in plain terms, who do you really trust?


Lighter approach is trusting both chains themselves plus light client verification, which is still reliable;
heavier approach becomes trusting relays, trusting a bunch of multi-signatures, trusting the operation of a certain "bridge" to not be lazy, or even trusting that it hasn't been MEV sniped away.
Before, when I saw the words "cross-chain," I wanted to rush in, just like when I see a beautiful NFT—hands quick...
Now I pause first: who proves this message?
Can I verify the proof process myself, or do I just have to pray?

By the way, it reminds me of the recent social mining and fan token wave, "attention is mining" sounds pretty exciting, but if in the end it still makes you stake trust on a certain platform / a certain bridge, it just feels like risk is being packaged differently.
Let's see...
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin