Over the past couple of days, I’ve seen people complain that cross-chain bridges are “stuck,” but I actually feel that waiting for confirmation is one of the few places that still follows some rules… Put simply, bridges are just packaging trust and selling it to you: whether the few people on the multi-signature side are reliable or not, whether the oracle data someone feeds in has been tampered with—if something really goes wrong, you might not even be able to get it back, not even from the chain. Now I basically only use one cross-chain/bridge—if I can avoid crossing, I avoid it; if I really must, then only in small amounts, even if it means going slower.



Also, I happened to see another big argument in the community about privacy coins/mixers and the boundaries of compliance, and it’s gotten pretty heated. In fact, it’s very similar to bridges: everyone wants “convenience” and “freedom,” but the moment it comes to responsibility and black swan events, they start pretending they didn’t see anything. Anyway, I’m the kind of laid-back staking person who just wants to safely earn a bit of small interest—I don’t want to wake up one day and find my assets on “another chain, waiting for you to claim”… It’s a little annoying, but I guess I can only be more careful myself. That’s all for now.
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