Crypto Bridges are always a risk. The tale of "not your keys, not your coins" is getting useless if you bridge a coin or token to a layer2 or to another chain. In every case you lose custody over the original coin. Basically you give away XYZ and get Bridged-XYZ with the bridge promising to return XYZ any time at a rate of 1:1 ... unless ... 1. they run away 2. they code stupid stuff that can be exploited 3. they just gave out more Bridged-XYZ than they have gotten 4. (please enter anything, that might go wrong) If you want your XYZ to be safe, keep them in your own non-custodial wallet. And know HOW to take custody and responsibility for everything that YOU do with it!
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Few months ago a friend asked me to buy BTC for himworth $100 to hold for couple of years. I only used BTC network to transfer and a noncustodial wallet to keep and told him not to check prices π Then when price fell from 40k to 20k he couldn't resist and asked me what's the future looks like for BTC π I reminded our deal and told him not to worry
Is there no such thing as a non custodial bridge?
Always at risk but hopefully it won't fall down as easy like this bridge.