Category Archives: FinTech

The Hidden Hazard Of Re-centralization In Blockchain Platforms

Federated bridges use a group of trusted operators/validators to regulate the bridge. The validators are responsible for validating transactions by way of the blockchains, as well as maintaining the bridge’s safety. Then users can call the contract’s “burn” function, which burns the tokenized belongings and releases the unique belongings. The whole process is coordinated trustless-ly […]