debt bridge
Although the Debt Bridge also relies on a third party, it requires the verifier to provide collateral, and the collateral will be forfeited if something goes wrong.
That is to say, it restricts the behavior of verifiers at the economic level, but the agreement does not guarantee that users will be compensated when they suffer losses in cross-chain assets.
In terms of security and decentralization, it is higher than "a bridge that requires trust". Like the Polygon PoS bridge, it falls into this category. #crosschain
6/n🧵
Although the Debt Bridge also relies on a third party, it requires the verifier to provide collateral, and the collateral will be forfeited if something goes wrong.
That is to say, it restricts the behavior of verifiers at the economic level, but the agreement does not guarantee that users will be compensated when they suffer losses in cross-chain assets.
In terms of security and decentralization, it is higher than "a bridge that requires trust". Like the Polygon PoS bridge, it falls into this category. #crosschain
6/n🧵