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It’s raining outside and my coffee has gone cold. Just in time to check the confirmation count on the chain by browsing. The more I look, the more I feel that “waiting for confirmations” really isn’t just procrastination. Put simply, a cross-chain bridge is basically handing your assets to a group of people plus a set of data-feeding mechanisms: if the multi-signature group signs too quickly, you don’t feel at ease; if they sign too slowly, you get anxious. And if the oracle reports an error even once, a whole string of failures follows.
Haven’t all these new L1/L2 projects been offering incentives to boost TVL lately? I also understand the complaints from old users about “mining, selling, and dumping”... but when your funds are moved from chain A to chain B, the biggest fear is thinking they’ve arrived, when it just looks like it has arrived. I’d rather wait for a few more confirmations now, or even try a small amount first. After all, slower is always better than waking up to find the bridge’s multi-signature signers are arguing.