{"id":47589,"date":"2023-03-31T16:40:21","date_gmt":"2023-03-31T16:40:21","guid":{"rendered":"http:\/\/egrowonline.com\/?p=47589"},"modified":"2023-03-31T16:40:21","modified_gmt":"2023-03-31T16:40:21","slug":"gnosis-launches-hashi-bridge-aggregator-to-help-prevent-hacks","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=47589","title":{"rendered":"Gnosis launches Hashi bridge aggregator to help prevent hacks"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvOTA0ZGVmOWMtZGU0MS00ZDgwLTgyNGQtMWE3OTdlN2FiODAzLmpwZw==.jpg\" \/><\/p>\n<div data-v-0974caeb=\"\">\n<p>Gnosis, the team behind Gnosis Safe multi-sig and Gnosis Chain, has launched a hash oracle aggregator for blockchain bridges, according to an announcement from the company. In a conversation with Cointelegraph, Gnosis CEO Martin K\u00f6ppelmann stated that the new aggregator should make bridges more secure by requiring more than one bridge to validate a withdrawal before it can be confirmed.<\/p>\n<p>Multiple bridge protocols have already committed to integrating with Hashi, including Succinct Labs, DendrETH, ZK Collective, Connext, Celer, LayerZero, Axiom, Wormhole and LI.FI, according to the announcement.\u00a0<\/p>\n<p>Over $2 billion was <a target=\"_blank\" href=\"https:\/\/twitter.com\/tokenterminal\/status\/1582376876143968256\" rel=\"noopener nofollow\">stolen<\/a> from bridges in 2021 and 2022, according to a report by Token Terminal. Bugs in the code have caused some bridge hacks, whereas others have been caused by the attacker taking over a multi-sig governance wallet.<\/p>\n<p>According to K\u00f6ppelmann, Hashi can provide the first step towards making these cross-chain transactions more secure throughout the blockchain ecosystem, by requiring withdrawals to be validated by multiple bridges instead of just one:<\/p>\n<blockquote><p>\u201cHashi is about essentially creating this aggregator that can use different bridges and basically say they all need to agree to the same message [&#8230;] If they do, great, then we can be really, really certain that this message is actually real and if they disagree [&#8230;] Then we know we need to escalate to governance, we need to halt the bridge.\u201d<\/p><\/blockquote>\n<p>K\u00f6ppelmann also emphasized that Hashi helps to prevent multi-sig governance attacks because it allows a protocol to prevent governance from intervening if there is no disagreement between individual bridges.<\/p>\n<p>\u201cHere you can have this nice tradeoff where you say \u2018the governance is not allowed to do anything,\u2019 so it cannot interfere with the system unless there is explicitly a conflict or a bug,\u201d\u00a0he explained. \u201cSo as soon as those bridges that are supposed to report on the same thing [&#8230;] Disagree, well then governance is allowed to interfere, otherwise governance has no role. That\u2019s Hashi.\u201d<\/p>\n<p><em><strong>Related: <\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/uniswap-s-bnb-deployment-should-use-multiple-bridges-claims-lifi-ceo\" rel=\"noopener\"><strong>Uniswap\u2019s BNB deployment should use multiple bridges, claims LIFI CEO<\/strong><\/a><\/em><\/p>\n<p>Hashi is open source and available on GitHub.<\/p>\n<p>The idea of a multi-bridge aggregator <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/uniswap-dao-debate-shows-devs-still-struggle-to-secure-cross-chain-bridges\" rel=\"noopener\">rose to prominence<\/a> during the Uniswap bridge debate in December and January. Although Wormhole was <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/wormhole-wins-second-temp-check-to-become-bridge-for-uniswap-governance\" rel=\"noopener\">ultimately chosen<\/a> as Uniswap\u2019s bridge provider, representatives from Celer, LiFi, and deBridge, as well as other participants concluded that a multi-bridge aggregation solution needed to be implemented going forward.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/gnosis-launches-hashi-bridge-aggregator-to-help-prevent-hacks\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gnosis, the team behind Gnosis Safe multi-sig and Gnosis Chain, has launched a hash oracle aggregator for blockchain bridges, according to an announcement from the company. In a conversation with Cointelegraph, Gnosis CEO Martin K\u00f6ppelmann stated that the new aggregator should make bridges more secure by requiring more than one bridge to validate a withdrawal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[3973,4438,2791,5184,14785,288,4400],"class_list":["post-47589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-aggregator","tag-bridge","tag-gnosis","tag-hacks","tag-hashi","tag-launches","tag-prevent"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/03\/904def9c-de41-4d80-824d-1a797e7ab803.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/47589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47589"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/47589\/revisions"}],"predecessor-version":[{"id":47591,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/47589\/revisions\/47591"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/47590"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47589"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}