We can have two chains with completely different levels of economic security at the base layers, connected to each other. According to Layne Haber, co-founder of Connext, bridge security has three main https://slotgallery.ca pillars, Economic security, Implementation security and Environment security. Securing centralized bridges can be relatively straightforward if best practices from traditional cybersecurity are followed. Key management is a critical component of this, which is applicable to both DeFi and traditional systems.
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In this case, json_data will be converted into a JSON string, and the Content-Type header will automatically be set to application/json. This above part of code dates back to 2019 that I’d written to automatically share the content on different social media platforms once the video was published on my YouTube channel. I haven’t used this since then and I doubt this would work for you as is. Some code might needs to be changed in order for it to work as the Graph API is actively being updated by Meta.
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This time-lock mechanism allows for review and mitigation of potential risks. The Security Council has the authority to reject a proposal before it’s executed. Both for the case of the Governance Committee and Security Council, any member can initiate a proposal for its governance body. For Governance Committee, any decision must receive approval from at least 2/3 of its members through the multi-signature safe wallet.
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For natively verified bridges, you would have to corrupt the underlying domain’s validator set. Meaning you would have to execute a 51% attack on the underlying domain’s validators to be able to violate economic security. For externally verified bridges, you just have to corrupt the bridge validator set (such as in the case of Ronin Bridge hack). For optimistically verified bridges there are a few different ways you can corrupt, one being corrupting the entire watcher set. Meaning you would have to prevent the watchers that are online from disconnecting any transaction or proving any fraud.
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Pre-Crime takes all the chains involved in the messaging, forks them, delivers the message, and then checks them against a set of invariants. So basically the chains are forked, invariants are run and the message is not delivered if those invariants don’t hold true. Thus protocols building on top of Layer Zero also have this added benefit thus preventing a crime before it happens. These bridges rely on an external set of Validators who can be incentivized in a variety of ways, for the source of truth (i.e. Validators who are not part of either source or destination chains). They may use multisig, consensus algorithms (typically based on propose-and-vote schemes), threshold signature schemes, SGX (Intel® Software Guard Extensions), or any other technique. Examples include Wormhole, Multichain, Axelar, DeBridge, Synapse, Stargate.
