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Whitepaper Reading Club Lagos [3]: Bridge Design And Hacks
Even though bridges have been critical in enabling capital to move freely across ecosystems, they’ve also become one of the biggest attack surfaces in crypto. Over the years, billions of dollars have been lost to bridge exploits.
Why so many bridge exploits? Is it flawed design? Weak implementations? Or deeper structural tradeoffs that we’ve yet to fully understand?
Let's look into all of this together at our next whitepaper reading in Lagos. To get you ready, we’ve curated a set of resources below.
Resources
Why I am not Bullish on Cross-Chain Bridges by Vitalik https://old.reddit.com/r/ethereum/comments/rwojtk/ama_we_are_the_efs_research_team_pt_7_07_january/hrngyk8/
Zhang et al. (December 2023) — SoK: Security of Cross-chain Bridges: Attack Surfaces, Defenses, and Open Problems https://arxiv.org/pdf/2312.12573
Augusto et al. (2024) SoK: Security and Privacy of Blockchain Interoperability http://dx.doi.org/10.36227/techrxiv.24595764.v1
Format
10-15 mins silent reading to start
Discussion-first, no panels
Bring questions, critiques, and examples (technical depth welcomed)
Short notes + key takeaways shared after the session
About Whitepaper Reading Club
We are a community of 700 builders, founders, researchers, in Singapore, Malaysia, San Francisco, Bangkok, New York and now Lagos. We come together in person every month to discuss the latest blockchain projects (website)
Bittensor - discussion (Jul 2025)
AlpenGlow (Aug 2025)
Summaries
We create detailed and easy to understand summaries for each paper (summaries) and have held 70+ sessions since June 2023, covering topics from Account Abstraction, Parallel Chains, EIPs, Bitcoin Ecosystem to AIXCrypto. We are ecosystem-agnostic, not for profit and with a strong focus on projects with technical, product or social innovations.
#Crypto #Lagos #Web3 #Tech #Blockchain