Pedro Gomes pfp
Pedro Gomes
@pedrouid.eth
Cross-chain bridges are easily going to be the most profitable business in web3 🔥
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Sheldon Trotman pfp
Sheldon Trotman
@sheldon
The thing is they can quickly become commoditized as more paths between chains come online. I would say the majority of the value accrues at the wallet layer since they abstract away the specifics of the blockchain, choose which bridge to take, get paid by the block builders and higher switching costs for end users
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William pfp
William
@william
Why, is it because they also do cross chain swaps? All ibc transfers are free
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Naman pfp
Naman
@nmnsth
Yep but only after they find a way to NOT GET HACKED🥲
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timdaub pfp
timdaub
@timdaub.eth
cross-chain bridges, like centralized exchanges, most likely have a turkey problem. They‘ll go great linearily for a long time until they get brutally rekt. https://i.imgur.com/tkzUTQc.jpg
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markus - ethOS - e/acc-d pfp
markus - ethOS - e/acc-d
@markus
Stablecoin businesses are also making bank
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