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While commuting, someone asked again what people are afraid of with cross-chain bridges. To put it simply, there are three main concerns: whether the multi-signature validators are reliable, whether the data fed by oracles can be biased, and whether you're willing to honestly "wait for confirmation." Many incidents are not due to complex code issues but because people are too impatient. When they see on-chain indicators like "almost there," they believe it first, and then when a rollback or delay happens, they’re immediately stunned.
Recently, funding rates have been extremely volatile, and in the group chat, people are arguing whether to reverse or continue to inflate the bubble. I’m actually feeling more cautious: in such times, the more you want to quickly enter and exit, the easier it is to use bridges and gamble on speed. My approach is still to try small amounts in batches, and if the confirmation numbers aren’t enough, just pretend nothing happened… It’s okay to be a bit slower, at least don’t be hypnotized by candlestick charts and “instant settlement.”