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Comments (5)

abhi3700 avatar abhi3700 commented on July 28, 2024

Sharing the discussion thread here from LZ team & community:
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from layerzero-v2.

abhi3700 avatar abhi3700 commented on July 28, 2024

Issue (still open)

"Any malicious bridge pretending to be a genuine, if could somehow (showcasing different packets sending from multiple contracts) get a potential token contract (with high price value) get themselves added into their OApp/OFT/ONFT's DVN Security stack, the project suffers potentially billions of dollars of losses."

Potential solution

"LZ should introduce (sooner) their own LZ token and create kind of blockchain validators-like ecosystem with incentivization. That way it won't be so scattered."

from layerzero-v2.

abhi3700 avatar abhi3700 commented on July 28, 2024

Reported to Bug Bounty program as well.

from layerzero-v2.

abhi3700 avatar abhi3700 commented on July 28, 2024

Discord chat post Bug Report submission:
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Currently, there are 2 main issues/disclaimer for developers using LZ approach as cross-chain solution:

  1. LZ is (kind of) centralized with few DVNs available for message verification before its execution.
  2. An LZ OApp developer needs to apply due diligence before setting its DVN security stack.

from layerzero-v2.

bholcomb8 avatar bholcomb8 commented on July 28, 2024

This has been hashed out on discord and is not a vulnerability. Oapp developers must choose the amount of security they want for their use case and pay for said security.

from layerzero-v2.

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