唐华斑竹 Discusses Bitcoin Sidechain Security and GOAT's BitVM3 Bridge
According to Twitter user 唐华斑竹, the Liquid sidechain was attacked and funds were withdrawn by attackers within 23 minutes, while GOAT's BitVM3 bridge design allows each withdrawal to be publicly challenged on Bitcoin, requiring at least a week to complete. In the BitVM3 vulnerability bounty program, 13 out of the first 86 submissions received rewards, including 4 high-risk, 5 medium-risk, and 4 low-risk issues. GOAT's design aims to engrave the rules on Bitcoin, making the exit process transparent and contestable, thereby enhancing the trust foundation of Bitcoin's second layer.
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