Recently, someone asked me again what exactly is being trusted in cross-chain transactions. To put it simply, when you click "transfer," behind it isn't just a water pipe, but a string of people and machines: the source chain must first lock or burn your assets clearly, the message passing system (like IBC) must ensure that "this message really comes from that chain and hasn't been replayed," and on the target chain, there must be someone or a contract to verify, mint, or unlock. Each step can go wrong: whether lightweight node verification is reliable, whether relays are running diligently, whether the target chain's contracts have vulnerabilities, whether governance upgrades might suddenly change the rules... You think you're cross-chain, but actually you're crossing a bunch of trust boundaries. In blockchain games, inflation plus studio manipulation can cause token prices to plummet, and liquidity on the bridge side also shrinks, creating a more terrifying spiral. I personally keep less greed, hold smaller positions, and if I can't get in, so be it—just want to stay alive.

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