Sentora Co-Founder questions the security of cross-chain bridge ecosystems and recommends introducing an insurance model to ensure solvency.

Odaily Planet Daily reports that Sentora (formerly IntoTheBlock) co-founder Jesus Rodriguez posted on the X platform questioning the security of cross-chain bridge ecosystems. He stated that in the architecture of the crypto ecosystem, cross-chain bridges are the single largest point of failure. From a financial perspective, cross-chain bridges are huge, centralized custodial risk pools. The industry has invested billions of dollars to optimize the speed of cross-chain bridges, but almost no funds are allocated to improve the security of the transmission itself. Jesus Rodriguez believes that insurance should become a part of the cross-chain bridge architecture and proposed two models, including a user-centric “atomic encapsulation” model and a protocol-level support model. He pointed out that cross-chain bridges with guaranteed solvency will gain a significant competitive advantage. This move will shift the industry from “trusting code” to “insuring state transitions.”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)