Nearchos

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:

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