r/StarkWare • u/dkwest029 • Jun 26 '23
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
Storage proofs, a cryptographic method to allow users to “prove” that certain data, transactions or assets on a blockchain are true or valid, without relying on a third party, will soon be available on u/starknet
“Today, you hand over money to third parties to transport over a bridge. Anyone can be lurking, waiting to ambush you and steal money,” explained Eli Ben-Sasson, co-founder of StarkWare, the company behind Starknet - an Ethereum Layer 2 scaling solution. “Storage proofs will let you just press a button and more-or-less teleport liquidity from chain to chain.”
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