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parker  
#1 Posted : Wednesday, October 30, 2024 10:03:26 AM(UTC)
parker

Rank: Member

Groups: Registered
Joined: 10/15/2024(UTC)
Posts: 10
United States

Hello everyone,

Building a multichain DEX? You need to be cautious about its security because managing cross-chain assets is like juggling flaming torches!

The first thing you need to do is to coordinate with several smart contract development services. Here are the critical security measures they need to implement:

Bridge Security:

Multiple signature validation
Time-locked transactions
Emergency pause mechanisms
Asset Validation:
Strict token allowlist
Double-entry verification
Rate limiting for large transactions
Cross-Chain Communication:
Reliable oracle integration
Message verification redundancy
Fallback mechanisms

Make sure that the developers do not execute on the destination chain. Always implement confirmation and rollback mechanisms.
I learned this the hard way: Test every edge case across ALL chains. What works on Ethereum might break on other chains.
What security measures have you implemented in your multichain projects? Any close calls to share?

Stay safe!
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