Tag: Ethereum
Perilous Bridges: Crypto’s Achilles’ Heel
Hacked! Millions of Dollars lost! These types of headlines are often the only crypto related ones the mainstream media will publish.
Many people want crypto to fail. “I knew that fake internet money was a scam all along”. People are afraid of what they do not understand. Since crypto can be scary, many people would rather see it crash and burn. Seeing other folks get rich and not understanding how is not a comfortable experience for many people.
Catastrophic failure have occurred and millions of dollars stolen. Much in the same way cars require bridges to cross a river, liquidity requires a bridge to cross from one blockchain to another. Under these bridges are where the trolls lurk.