Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose significant security risks.
Wang said the fact that many users have been burned while utilizing bridges scares prospective users, stymying blockchain adoption. The Zeus Network founder believes no one has been able to build a perfect model that can guarantee the safety of users’ funds, hence the growing security incidents involving bridges.
