Leveraging Bitcoin’s Security for Trustless Asset Transfers

Leveraging Bitcoin’s Security for Trustless Asset Transfers

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Source: Coindesk.com

Bridges have consistently posed serious security risks, especially in connecting Bitcoin and Ethereum, the two largest blockchains. These ecosystems remain largely isolated from each other, and cross-chain bridges have repeatedly been vulnerable to hacks, resulting in billions of dollars in losses. What’s needed is a new approach — one that leverages Bitcoin's robust security to create non-custodial asset transfers between chains.

Read More https://www.coindesk.com/opinion/2024/09/24/leveraging-bitcoins-security-for-trustless-asset-transfers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Leveraging Bitcoin’s Security for Trustless Asset Transfers" appeared first here Coindesk.com.

Source: Coindesk.com

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