Vitalik Buterin (co-founder) of Reddit posted Friday’s Reddit posting.ETH), The following are some of the highlightsThere are critical security concerns regarding cross-chain connections in the Blockchain ecosystem. Buterin stated that native assets stored on-chain directly (Ethereum, Solana etc. This provides some degree of security. Immunity against 51% Attacks. Even if hackers are able to reverse or censor transactions, they can’t propose any blocks that would remove one’s crypto.

This rule applies also to Ethereum applications. An example: If hackers launch a 51% hack (by controlling 51% all circulating Ether supply), and an investor swaps 100 Ethereum for 320,000 DAI stabilizecoins, the end status remains unchanged, meaning that the investor would still get 100 ETH, or 320,000 DAI.