I just came across an old post about a cross-chain bridge going wrong, and it reminded me of an earlier incident where a certain bridge was hacked. Now a lot of bridges are touting how they have “more signers” and “more security,” but honestly, for some multi-signature addresses, the permissions of whoever holds the last key are ridiculously powerful—it’s basically just a centralized facade.

People like me, who are used to waiting for confirmations at every step, and even waiting 24 hours before moving, often get mocked by friends for being too slow. But honestly, after seeing those cases where things collapsed overnight because the oracle in the cross-chain process was manipulated, or because the multi-sig distribution was unreasonable, I still think moving more slowly is worth it. What I fear most isn’t losing money—it’s losing control.

Oh, and lately it seems like people have been debating whether RWA, the yields on US Treasury bonds, and on-chain wealth-management interest are higher or lower. In my view, if you chase those few points of yield spread—tearing your money into fragments and bridging from chain to chain—the security costs of monitoring and defending it are all too likely to be overlooked. It’s better to keep a tight grip on your wallet first, make sure confirmations are done properly, and proceed carefully.