Crypto bridge LayerZero denies that it tried to cover up a “backdoor” vulnerability, and accused a competitor of playing dirty politics, skesslr reports
“The difference between a backdoor and a trust assumption is whether or not it's disclosed and documented, and whether or not the team seeks to conceal it,” he told CoinDesk. According to the Nomad founder, LayerZero“Because they have publicly denied this capability, we believe they may be deliberately concealing the extent of their control over applications,” Prestwich originally tweeted.
As for why he decided to disclose the “backdoor” in LayerZero’s code, Prestwich said in his blog post, “We have chosen to fully disclose because we believe that LayerZero is aware of these issues, and public disclosure is the best way to prompt app developers to set configuration.” “What we have heard is that every competitor right now is extremely excited because if LayerZero wins this, we basically maintain a clear front-runner position, whereas if Wormhole wins it then there's no clear front-runner,” Pellegrino explained to CoinDesk.
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