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These can be mitigated by getting the code audited by multiple 3rd parties and introducing bug bounty programs but are extremely difficult to eliminate. Some bridges connect just two blockchains, other bridges connect a lot of blockchains at the same time, which exposes them to a large number of attack vectors. This problem seems to get worse as the bridges try to expand to newer and less proven blockchains making them the target for attackers. Nevertheless, competition is essential to ensure both teams strive to create better, more secure, and faster solutions, ultimately benefiting the sector as a whole. Polygon’s plasma bridge, Optimism and Arbitrum rollups use a decentralized validation model. Although the sequencers a.k.a the nodes that collect the transactions, are in some cases centralized, their aim is to be truly decentralized bridges in the future.
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- Currently, zkLink’s ordering service is managed centrally, and the team plans to integrate decentralized solutions such as Espresso, Astria, and Fairblock in the future to reduce centralization risks.
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Ensure the bridge you’re considering has solid security measures, such as third-party audits or decentralized technology, to protect your assets. Slippage can occur due to liquidity changes, but it’s less of an issue as liquidity grows. Bonder fees range from 0.05% to 0.30%, compensating bonders for liquidity and risk. Gas fees for destination chain transactions are included in the fee estimate.