Recently, I’ve been reviewing cross-chain matters, and the more I think about it, the more I feel: one IBC/message passing/bridge, essentially, is about who you trust. It’s not just about trusting "Chain A and Chain B" straightforwardly; you also have to trust whether the relay/validators are following the rules when transmitting messages, whether the light client/proof verification is foolproof, whether the contract implementation is complete, and whether the oracle/multisig/administrator suddenly makes a mistake... With more components, it’s easy to get carried away emotionally.



In the past couple of days, before and after that mainstream chain upgrade, everyone in the group was speculating whether the ecosystem would move away. I’m actually more concerned about whether the bridge will temporarily change parameters, pause, or delay settlement. After practicing for a long time, I’m not trying to "beat the market," but to beat my own impulses to rush in. When I see cross-chain-related news, I usually reduce my position first; if I miss out, so be it. If I lose money, I turn off the computer and go for a walk.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin