“[W]e don’t imagine Wormhole presents essentially the most safe or decentralized bridging possibility,” wrote Porter Smith, a associate at a16z Crypto, citing final yr’s $326 million hack of the Wormhole platform as a key issue within the agency’s opinion. An a16z consultant additionally instructed CoinDesk the agency took difficulty with the method the DAO used to evaluate completely different bridge choices, suggesting the neighborhood re-do the vote after finishing a extra formal overview of the bridge contenters.
