I just recently realized that my previous cross-chain efforts were really just pure guts… I would click on IBC/message passing and think, “If the chain says it received it, then it’s fine.” But in reality, there’s quite a lot you need to trust for a cross-chain transfer: the chain that sends the message doesn’t roll back, the relayer doesn’t act up, and the other chain’s light client/consensus verification doesn’t hit a snag. If the bridge also includes multi-signature and upgrade permissions in the middle, then you’re adding even more “people” into the mix. Recently, I also saw cross-chain bridge thefts like that, and it instantly made me understand why everyone now casually “waits for confirmation.” When oracles start acting weird, it’s even more so—better to be slower and not try to rush just for speed. To put it plainly, this isn’t a talent; it’s a habit: now I’m used to first checking how much trust there is, keeping my position smaller, and moving through the steps more slowly… otherwise, my nickname really wouldn’t be for show.

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