Is there a secure future for cross-chain bridges? -Breaking
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Are cross-chain bridges in a safe future?The plane slows down after it lands. Heading to passport control, one of the passengers stops at a vending machine to buy a bottle of soda — but the device is absolutely indifferent to all of their credit cards, cash, coins and everything else. All of that is part of a foreign economy as far as the machine is concerned, and as such, they can’t buy even a droplet of Coke.
The machine would be happy to accept a Mastercard (NYSE 🙂 or Visa (NYSE :). With a substantial markup, the airport’s cash exchange desk would have also been happy to assist. However, in blockchain, this scenario works well for some observers, provided we can swap travelling abroad and move assets from one chain.
Lior LameshGK8, a crypto-security company, is Lior’s co-founder. It offers financial institutions a custodial option. Having honed his cyber skills in Israel’s elite cyber team reporting directly to the Prime Minister’s Office, Lior led the company from its inception to a successful acquisition for $115 million in November 2021. Forbes placed Lior Shamai and Shahar Shamai, his business partner on their 30 Under 30 List in 2022.
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