Did our cross-chain bridge stop working again today?

Question

COTI - Currency of the Internet

海阔天空刘

Did our cross-chain bridge stop working again today?

#coti #cryptocurrency #english

0

05.04.2024

8 ответов

6 просмотров

Zippy Zoro | Resolute Node

Stefanos | Innovunode.io (afk)
Buddy, by now u should know that txs are backlogge...

Shouldn't the person doing the bridge tx pay all of the gas , and if so then why does the price of gas matter? Just pass all costs of transactions on to the user. Show them the fees and let them decide if they wish to proceed with the tx This is how every other chain works, User pays all fees. Bridge remains open no matter how much gas fee is.

0

1 месяц назад

Ben G | COTI | Will never DM you first!

What are you trying to do

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1 месяц назад

Stefanos | Innovunode.io (afk)

Zippy Zoro | Resolute Node
Shouldn't the person doing the bridge tx pay all o...

the person pays the fee indeed, but the bridge gets flooded everyday so its sends the swaps out slowly, then gas price increases and it waits until it drops again. a swap lately takes about 24 hours to complete.

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1 месяц назад

Zippy Zoro | Resolute Node

Stefanos | Innovunode.io (afk)
the person pays the fee indeed, but the bridge get...

I still don't get the bridge issues, it should be simple. Every other project manages to handle this just fine. COTI states they need a certain amount on native for trust chain to work but has never said how much they actually need. Also they have close to half a billion locked long term in treasury is 500,000,000 not enough? (remember it's locked so it again going anywhere) Lastly if people moved large amounts to ERC20 then if native had low volume then it's price would spike either up or down by higher amounts than ERC20 and therefore ERC20 users would arbitrage back to native. That's how bridges work, if left alone the price evens out and people arbitrage both ways.

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1 месяц назад

Stefanos | Innovunode.io (afk)

Zippy Zoro | Resolute Node
I still don't get the bridge issues, it should be ...

locked in the treasury is illiquid coti tbh

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1 месяц назад

Zippy Zoro | Resolute Node

Stefanos | Innovunode.io (afk)
locked in the treasury is illiquid coti tbh

doesn't matter they still have the certain amount of native. If they need liquid native then say so and also say how much you need. Again it's all very opaque

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1 месяц назад

Asta

Zippy Zoro | Resolute Node
doesn't matter they still have the certain amount ...

Transparency has never been Coti’s strong point… just saying..

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1 месяц назад