GMU, Distributed & Decentralized systems, “never die easy” Walter Payton, open-secrets are valuable🤥, #Ergo the unstoppable economy, official-cardanian
Jan 17, 2023 • 19 tweets • 6 min read
Many of the significant crypto hacks have been characterized by bridge exploits. They often contain lots of money & have few trusted key holders. Hacks such as the wormhole exploit encouraged the creation of a #Ergo centric bridge put forth by @mhs_sam.
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Some of the advantages of the Rosen bridge are
⁃Ergo centric
⁃Other chains only need multi-sig to support Rosen
⁃No smart contract logic in other chains
⁃2 layer architecture
⁃Audits are only needed on ergo
⁃Easy configuration for other chains