๐ How Hackers Break Bridges โ and Drain Your Funds ๐ง ๐
1๏ธโฃ ๐ง๐ต๐ฒ ๐๐ฎ๐ฟ๐ธ ๐๐ผ๐ฟ๐ฒ๐๐ ๐ผ๐ณ ๐๐ฟ๐ผ๐๐-๐๐ต๐ฎ๐ถ๐ป: ๐ช๐ต๐ฒ๐ฟ๐ฒ ๐๐ฎ๐ฐ๐ธ๐ฒ๐ฟ๐ ๐ฆ๐ถ๐ฝ๐ต๐ผ๐ป ๐๐ถ๐น๐น๐ถ๐ผ๐ป๐ ๐ฆ๐ถ๐น๐ฒ๐ป๐๐น๐
Bridge hacks are a yearly nightmare, siphoning billions silently. From Ronin to Multichain, the pattern is clear:
- Ronin Bridge: $625M lost โ 5/9 multisig keys compromised
- Multichain: $130M lost โ critical SK shares compromised
- Harmony Horizon: $100M lost โ 2/5 multisig breached
Heco, Orbit, and others show the same pattern: billions lost.
2๏ธโฃ ๐ช๐ต๐ ๐๐ฟ๐ฒ ๐ง๐ฟ๐ฎ๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ฟ๐ถ๐ฑ๐ด๐ฒ๐ ๐ฆ๐ผ ๐๐ฎ๐๐ ๐๐ผย ๐๐ฎ๐ฐ๐ธ?
Because of 3 deadly flaws:
- Centralized Multisig: A few "master keys" leaks = total loss.
- Poor Key Management: Hot wallets are easily breached and insiders can act maliciously.
- Social Engineering: Fake emails, impersonations, approval traps...
๐ ๐ผ๐ฟ๐ฒ ๐บ๐๐น๐๐ถ๐๐ถ๐ด โ ๐๐ฎ๐ณ๐ฒ๐ฟ.
As long as all assets sit in a shared vault, attackers only need to target the weakest few โ ๏ธ
3๏ธโฃ ๐๐ผ๐ ๐๐ถ๐ฎ๐บ๐บ๐ฎ ๐๐ถ๐ป๐ฎ๐น๐น๐ ๐๐ผ๐๐ป๐ฑ ๐๐ต๐ฒ ๐๐๐ฟ๐ฒ?
We built ๐๐๐ผ๐น๐ฎ๐๐ฒ๐ฑ ๐ฆ๐ฎ๐ณ๐ฒ ๐๐ฟ๐ฐ๐ต๐ถ๐๐ฒ๐ฐ๐๐๐ฟ๐ฒโข โ a new bridge security paradigm ensuring no single vault to drain:
Every deposit is isolated and controlled by a different set of multisigย signers.
4๏ธโฃ ๐๐ผ๐ ๐๐ผ๐ฒ๐ ๐๐ฆ๐ ๐๐ฐ๐๐๐ฎ๐น๐น๐ ๐ช๐ผ๐ฟ๐ธ?
Every user's funds are stored in their own personal "safe", co-controlled by :
โ
The user
โ
The bridge committee.
To steal all bridge assets, an attacker must breach every user + every committee keyโ-โa practical impossibility ๐คท
โ ๏ธ Even if the committees are Hackedโฆ Your keys are intact. That's why we call it a "๐๐๐๐".
๐ ๐๐ป ๐๐ผ๐ป๐ฐ๐น๐๐๐ถ๐ผ๐ป
โพ๏ธ ๐ง๐ฟ๐ฎ๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฏ๐ฟ๐ถ๐ฑ๐ด๐ฒ๐ = A big vault shared by many signers โ one failure, total loss.
๐ธ ๐๐ถ๐ฎ๐บ๐บ๐ฎ ๐๐ฟ๐ถ๐ฑ๐ด๐ฒ ๐๐ถ๐๐ต ๐๐ฆ๐ = Thousands of independent personal safes,
each secured by you!
In a world of smart hackers, itโs time for smarter bridges.
Welcome to ๐๐ถ๐ฎ๐บ๐บ๐ฎ ๐๐ฆ๐ โ where no one else can steal your โฟitcoin ๐ฆ
๐ Learn More:
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