Köppelmann cited bridge risks as a key factor in his proposal. “Currently, the bridge has the right to mint unlimited GNO tokens on Gnosis,” he wrote. “Of course, it is only supposed to mint GNO tokens on Gnosis if an equivalent amount has been locked on Ethereum (and that should be limited), but bridges are unfortunately still a potential source of hacks and bugs and thus are a risk.”
Related posts
-
Metaplanet Picks up 620 Bitcoin as Ripple Token Leads Market Lower
XRP dropped 3% in the past 24 hours, leading losses among major tokens as bitcoin (BTC)... -
Can Ethereum Break $3,500 Before End Of ’24? Analyst Weighs In
Este artículo también está disponible en español. As 2024 nears its conclusion, Ethereum price fluctuations are... -
Ethereum Price Back In The Red: A Deeper Drop Ahead?
Este artículo también está disponible en español. Ethereum price extended losses and dropped below the $3,550...