Sentora Co-founder Questions Cross-Chain Bridge Ecosystem Security, Suggests Introducing Insurance Model to Ensure Solvency

Odaily News: Jesus Rodriguez, co-founder of Sentora (formerly IntoTheBlock), posted on platform X questioning the security of the cross-chain bridge ecosystem. He stated that within the architecture of the cryptocurrency ecosystem, cross-chain bridges represent the largest single point of failure. From a financial perspective, cross-chain bridges are massive, centralized pools of custody risk. The industry has invested billions of dollars in optimizing the speed of cross-chain bridges, but almost no funds have been allocated to optimizing the security of the transfers themselves. Jesus Rodriguez believes insurance should become an integral part of cross-chain bridge architecture and proposed two models, including a user-centric "atomic encapsulation" model and a protocol-level support model. He pointed out that cross-chain bridges with solvency guarantees would gain a significant competitive advantage, and this move would shift the industry from "trusting the code" to "insuring state transitions."