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Cross-chain peg security — Clarity Today

Topic

Cross-chain peg security

The security of systems that lock assets on one chain and issue representations on another, covering custody of the locked funds, proof validation and controls on withdrawals.

Current clusters

product2 publishers

Liquid's signers released 3,996 bitcoin because their own software said it was backed

The 11-of-15 federation multisig held and no key was stolen; the node software that tells signers whether a peg-out is backed carried a week-old bug, and about $320m walked out of Blockstream's sidechain.

Publishers:gizmodo.com · siliconangle.com

Reality

Evidence45
Adoption78
Hype gap+20
Incentives70

Confidence50