The Uniswap DAO governance debate shows how hard cross-chain bridge security really is.
After these hacks, some bridge developers believed they needed better security than a basic multisig wallet. This is where bridging protocols came in.Since the Ronin and Horizon hacks have called attention to the problem of bridge security, a few companies have begun to specialize in creating bridge protocols that other developers can customize or implement for their specific needs. These protocols claim to be more secure than just using a multisig wallet to handle withdrawals.
The second server is called the “relayer.” When a user locks coins on the sending chain, the relayer sends proof to the second chain that the locking transaction is contained within the block referenced by the oracle. LayerZero uses Chainlink for the default oracle and provides its own default relayer for application developers that want to use it, but devs can also create custom versions of these servers if they want to.to the Celer cBridge docs, Celer relies on a network of proof-of-stake validators called “state guardians” to verify that coins are locked on one chain before being minted on another. Two-thirds of the validators have to agree that a transaction is valid for it to be confirmed.
“Celer has a total of 21 validators, which are highly reputable PoS validators securing chains such as Binance Chain, Avalanche, Cosmos and more, such as Binance, Everstake, InfStones, Ankr, Forbole, 01Node, OKX, HashQuark, RockX and more.”
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Pharma companies team up with DeSci to accelerate scientific researchDeSci has fostered the emergence of a thriving ecosystem encompassing projects from decentralized biotech foundations to funding vehicles.
Les mer »
Drone footage shows scale of destruction in UkraineNew video footage of Bakhmut shot from the air with a drone shows how the longest battle of the year-long Russian invasion has turned the city of salt and gypsum mines in eastern Ukraine into a ghost town, its jagged destruction testament to the folly of war.
Les mer »
Video shows dogs being rescued from alleged training facility for dog fightingFloyd County Police rescued more than a dozen dogs they say were being conditioned and trained to fight. The animals were discovered on a property on Weathington Road.
Les mer »
The Flash Storyboard Shows Batman in a Fast Highway ChaseThe Flash director Andy Muschietti revealed some early storyboards from the movie that feature Batman partaking in a dangerous chase.
Les mer »
The Best TV Shows In 2023 So FarFrom that HBO zombie show everyone keeps talking about to a Korean reality show competition.
Les mer »
London Screenings: 15 Shows You Don’t Want to MissThe 2023 London Screenings, which unfold Feb. 27 to March 3, take place in an increasingly crowded international TV calendar. The event kicks off just days after the Berlinale Series Market, overla…
Les mer »