Wormhole
About Wormhole
Wormhole is one of the most widely deployed cross-chain messaging and bridging protocols, connecting 30+ blockchains. Originally developed within the Solana ecosystem, Wormhole uses a network of 19 Guardians (validators) to verify cross-chain messages. The protocol suffered a $320M exploit in February 2022 (on Solana) but has since improved security with additional measures.
Key Features
- 30+ chain connectivity
- Guardian validator network
- Native Token Transfers (NTT)
- Cross-chain messaging
- Wormhole Connect (embeddable widget)
- Queries (cross-chain reads)
- Multi-VM support
Risks
- Guardian centralisation (19 validators)
- Historical exploit ($320M in 2022)
- Smart contract risk across many chains
- Bridge trust assumptions
Community & Socials
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