Blockcrunch - 20 Minute Crypto Insights

Bridges are critical to a omni-chain future, but the recent bridge hacks totaling $1 billion lost in funds have struck fear in users and many are worried about the security of bridges. Can Nomad's security-focused bridge be the answer? Founder Pranay shares with us: Is there a difference between bridges and interoperability protocols? What is the interoperability trilemma? What are the different types of bridges available Why is Nomad potentially the safest? Host: Jason Choi @mrjasonchoi . Not financial advice.   ------------ Timestamps ------------- (00:00:00) – Introduction (00:01:38) – Pranay's Background (00:03:58) – 3 Overarching Types Of Interoperability Protocols (00:11:12) – Bridges vs Interoperability Protocols (00:19:03) – Recent Bridge Exploits (00:27:11) – Nomad's Optimistically Verified System (00:30:28) – Nomad's Latency Trade-Off For Security (00:39:29) – Current State Of Bridges And Competition   ----------- Sponsors ------------- CoinFLEX is the Home of Crypto Yield for passive capital and