4 ms·
This isn’t the quite the scenario he was talking about. The Wormhole exploit is just a bug that could’ve occurred even if the bridge didn’t cross chains. Despi
by okwubodu 5y ago
This isn’t the quite the scenario he was talking about. The Wormhole exploit is just a bug that could’ve occurred even if the bridge didn’t cross chains.
Despite being large, it was still an isolated incedent compared to the multi-chain heist one could pull off with a 51% attack on a single chain.
- woah 5y agoIt's also a pretty dumb article which is very surprising coming from Vitalik. 51% attacks of the sort he describes are (remotely) possible whenever a blockchain interacts with any sort of system, not just another blockchain. In his example, someone uses a bridge to create wrapped Eth on another chain, and then 51% attacks Ethereum, returning the Eth they used to themselves, while keeping the wrapped Eth on the other chain. It's just as easy to have a scenario where someone sends Eth to an exchange, sells it, and then does the same thing.