[Music]
let me tell you a
story and you're probably familiar with
it you might have even lived this story
yourself a young guy like you or me
decides to bridge their
tokens they take out their Hardware
wallet connected to the computer go to
the Bridge website and now they start
sweating right they're bridging they
they don't know what's going to happen
they they they they make a transaction
and the coins don't appear on the other
side what's going to happen what's going
to happen 10 seconds pass the coins are
on the other side the guy's saved
right but actually not right then that's
that's the funny thing we we think think
that the only risks that we are exposed
to are during the bridging and then we
don't really think about the tokens that
we get on the other side and so for
example for bridges that lock and mint
Tokens The Tokens can still be stolen on
the original chain and for bridges that
are liquidity networks well they still
have to give you a token on the other
side so this token still might be stolen
and
you know we were sitting half a year ago
in
Budapest at an offsite for L2 beat and
we were looking at our website and
thinking you know those risks that we
show they are really nice but they
aren't really connecting with some
people because they see what uh what we
show they can see oh arbitrum this
optimism this they can they can go dig
deeper but it's not personal for them
right they they don't have an ability to
to see the actual things that they are
exposed
to and and when we thought about how to
solve this problem how to how to make
something that will actually allow users
to see the risks they were exposed to we
we actually figured out that this thing
would have to be for a different Target
user and it would have to look
completely different than l2b today so
what I have for you today is a thing
called
insight and what Insight is is currently
a demo that you can see on our
boof but what it is also it is a way to
see the risks for your specific wallet
so if you were to input your ens address
or your ethereum sorry your ens name or
your ethereum address there you would
see a list of your tokens that you hold
on different chains with the associated
risks so now you no longer have to go to
the L2 beat main page and figure out oh
is this chain where I actually have my
tokens is this bridge the one that I
have used all this information is
compiled for you and what we also show
right on on the inside is the half that
the token has taken through the
different blockchains so you can
actually see that the wbtc you're
holding on arbit room one has been
bridged from ethereum but before it got
to ethereum it has been locked on
bitcoin and uh there is a multisig on
ethereum that some permission custodians
manage that actually takes care of those
tokens and we hope this is this is an
experiment that we're doing but we hope
that maybe this will allow users to feel
that the risks are actually affecting
them see what risks they're actually
exposed to and we're also thinking maybe
we can suggest some mitigations one one
example would be you that you might be
familiar with would be the usdc E and
usdc tokens where the usdc token is the
one that was bridged from ethereum while
the usdc token is the one that's bridged
through
CCP or CCI the the the bridge from
Circle itself so one has an additional
trans assumption the other
doesn't and I encourage you very much to
go to our booth check out the demo play
with it and thank
you thank thank you very much
Peter any questions for
Peter O2
be I actually have a question because I
use L2 beat a lot are you going to
include uh me data on L2 on L2 be oh
that's a very interesting question we
haven't been exploring that site very
much I think um it very much depends on
the progress that the chains are going
to make because the more progress the
chain makes right for example right now
we most of the rollups are stage zero
there are a few that they are stage one
and at those stages the thing that
actually matters is the fact that the
owners of those rollups can just upgrade
it under you and just take all the money
so the me is like a detail but it
matters way less if we start seeing uh a
future where rollups are more and more
decentralized then those topics would
become more and more important because
we can stop focusing on the trivial
stuff and I think this will be a good
point to start looking into this I see
thank
you a
question hello are you planning to
incorporate any um notification of uh
scams after they happen in real time for
specific
Bridges this a very good question I
think I think this is something that uh
that we would like to do right uh it's
uh very hard to detect this because you
never know what exactly is going to
happen we have a monitoring
infrastructure but it's still I guess
run every other hour so it's not in real
time uh maybe in the future our internal
tooling would be sophisticated enough
that we can you know detect those things
and real time and then we would maybe
send notifications that would be really
fun do we have another oh there's
another question there oh there sorry uh
so right now you are only uh detecting
famous dexes or like any Dex that will
just pop up and someone brid through
it in terms of what we show from the
risks right at L2 beat we analyze the
the l2s uh not all of them are just
dexes uh some of them are just general
l2s meaning they can execute any evm
code and for the tokens uh we we
actually look at uh other risks for
example the bridge risk so it's it's
more than just
taxes okay one last question at the back
the gentleman there yeah I think of this
similar to tools like revoke cach where
you would manage your allowances so
what's the original goal uh what was the
original intention behind building this
like what risks are you mitigating yeah
the the main intention is is to make
things personal right when when you go
to the L2 beat website the the things
you see are very technical and also very
specific to the projects right and and
with this demo you can see the actual
things that affect you without without
seeing all the rest right so so the
intention was to car to a different type
of user uh that you know doesn't feel
the connection with the main website
that we
have okay thank you so much Peter thank
you so much good to know these new
features from O2 beat our