The Blockchain Archipelago: A Safe Travel Guide to the Risks of Cross-Chain Bridges.
4 min read
•
Aug 19
Imagine the blockchain world as a vast archipelago. Each island represents a unique blockchain network. While rich in resources, these islands often stand isolated. Cross-chain bridges like magical pathways connect islands and allow treasures to flow freely between them.
However, these bridges have weak spots. Pirates (malicious actors) have already exploited some weaknesses, not only stealing assets but undermining the bridges' credibility.
DefiLlama reports over $2.83 billion lost to cross-chain bridge hacks. Understanding vulnerabilities is your first line of defense.
DefiLlama states cross-chain bridge hacks have resulted in over
The Blockchain Archipelago: A Safe Travel Guide to the Risks of Cross-Chain Bridges.Imagine the blockchain world as a vast archipelago. Each island represents a unique blockchain network. While rich in resources, these islands often stand isolated. Cross-chain bridges like magical pathways connect islands and allow treasures to flow freely between them. However, these bridges have weak spots. Pirates (malicious actors) have already exploited some weaknesses, not only stealing assets but undermining the bridges' credibility. DefiLlama reports over $2.83 billion lost to cross-chain bridge hacks. Understanding vulnerabilities is your first line of defense. DefiLlama states cross-chain bridge hacks have resulted in over