The Mixer Design Problem.
The core tension in decentralized finance is simple: the ledger must be public to be trusted, but personal finance must be private to be secure. Cryptocurrency mixers arose to resolve this conflict, but their design has always faced a formidable hurdle.
The Mixer Design Problem.
The core tension in decentralized finance is simple: the ledger must be public to be trusted, but personal finance must be private to be secure. Cryptocurrency mixers arose to resolve this conflict, but their design has always faced a formidable hurdle.
Delete Bridges
It sounds radical, But in March 2022, the DeFi world was shaken when hackers drained $625 million from the Ronin network, which powered the popular game, Axie Infinity. The weak point wasn't a flaw in the game itself, but in the "cross-chain bridge" used to move assets between Ronin and other blockchains. But here's what nobody talks about: every single one exploited the same fundamental design flaw. We've been adding security to a fundamentally insecure design. More audits, mo...
Delete Bridges
It sounds radical, But in March 2022, the DeFi world was shaken when hackers drained $625 million from the Ronin network, which powered the popular game, Axie Infinity. The weak point wasn't a flaw in the game itself, but in the "cross-chain bridge" used to move assets between Ronin and other blockchains. But here's what nobody talks about: every single one exploited the same fundamental design flaw. We've been adding security to a fundamentally insecure design. More audits, mo...
GM !
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