How unnecessary the blockchain bridge is

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1 year ago

The crypto bridge is useless and unnecessary. All types of blockchain bridge have a common security weak point that turns blockchain vulnerable to hacking. 

https://blog.makerdao.com/what-are-blockchain-bridges-and-why-are-they-important-for-defi/

Of course, blockchain bridge has lots of practical use but turns it into a centralized blockchain.

https://consensys.net/blog/blockchain-explained/how-to-understand-blockchain-bridges-through-four-questions/

The trade-off seems not to add up.

The current Binance Smart Chain attacked further demonstrated the weakness of the bridge.

https://twitter.com/samczsun/status/1578167198203289600

The blockchain is useless when the smart contract can communicate with the virtual machine and gives demand.

Why you need the blockchain when the smart contract can direct what to do?

That is the core fallacy that the bridge will never work.

When you try to bridge from one blockchain to another, rather than bridging through with multiple chains, you will have to choose one blockchain to avoid bridging.

Another option is to choose a native multiple-chain layer one solution such as Cosmos.

But avoid at all costs for now because the bridge has not yet a solution of the multi-chains.

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