Recently, cross-chain bridges have been hacked again, and many people in the group started repeating "wait for confirmation"… Basically, this phrase means: I also don't know who to trust, so I'll just blame time for now.



When crossing a chain, don't be fooled by words like "IBC / message passing," the core is that you're trusting a series of components: the chain itself doesn't produce malicious blocks, the light client/validators mostly don't collude, the relayer isn't feeding false messages, the bridge contract isn't written to explode, plus the oracle/price feed doesn't suddenly malfunction (if it does, everyone waits for confirmation). The more steps involved, the more it resembles a DAO process: each step can hold you up.

I treat complexity as an enemy; if I can avoid crossing, I won't cross. If I really need to cross, I break it down and think: whose "honesty" is this money betting on? Anyway, don't expect magic.
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