Being a malicious node will never be profitable and will result in attackers always losing their money, while users still being largely unaffected
Can you go into more detail how this works?
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Being a malicious node will never be profitable and will result in attackers always losing their money, while users still being largely unaffected
Can you go into more detail how this works?
If a wrapping provider fails to complete an upwrapping request after a certain period of time, the BTC being unwrapped gets liquidated for the collateral of the wrapping provider. This results in users always getting their money back, and the malicious wrapping provider always losing their money. Good providers will earn rewards off successful wrapping operations, and can continue to do so as long as they are truthful.