
mOde
@mode-nearchos
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Found one more attempt on secure cross-chain communications.
CrossDeFi: A modular take on cross-chain DeFi inefficiencies 🔁
Academic proposal by Abdul et al. (2024) introduces CrossDeFi, a protocol designed to improve asset transfers across heterogeneous DeFi systems.
Key components:
⚒️ Miner & Bridge Selection (MBS) – dynamically scores and selects the best route per asset type (based on liquidity, trust, security, etc.).
🔐 Improved Transfer Confirmation (ITC) – introduces two-way confirmation with cryptographic proofs to ensure finality and prevent double-spending.
Noteworthy:
- Real-time scoring of bridges is a shift from most static solutions.
- Attempts to address Sybil resistance, liveness, and bridge centralization.
- Evaluation vs Cosmos and Polkadot showed ⏱️ ~30% faster transfers and ✔️ 96–99.6% accuracy.
Still early:
🧠 Trust assumptions behind MBS aren’t fully unpacked.
🧪 Testbed results are promising but need validation under real-world MEV, spam, and volume stress.
🤝 Bridge composability remains an open challenge — how adaptable is it to non-EVM chains?
Overall, this isn’t a ready-to-use protocol—but it is a relevant academic blueprint for programmable, secure cross-chain coordination in DeFi.
📖 Source: https://doi.org/10.3390/fi16090314 0 reply
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