top | item 36886750 (no title) csumtin | 2 years ago I think the bank failing risk is eliminated, if it fails the forwarded payment is unlocked so bankA gets their money back. discuss order hn newest JumpCrisscross|2 years ago > think the bank failing risk is eliminated, if it fails the forwarded payment is unlocked so bankA gets their money backBank failing in this context would be the bridge (EDIT: contract) gets hacked. Hence mitigated, but not eliminated. csumtin|2 years ago If bankB is hacked, bankA still gets their money back or the payment is sent to bankC. So I still think the counterparty risk is eliminated between bankA and bankB load replies (1)
JumpCrisscross|2 years ago > think the bank failing risk is eliminated, if it fails the forwarded payment is unlocked so bankA gets their money backBank failing in this context would be the bridge (EDIT: contract) gets hacked. Hence mitigated, but not eliminated. csumtin|2 years ago If bankB is hacked, bankA still gets their money back or the payment is sent to bankC. So I still think the counterparty risk is eliminated between bankA and bankB load replies (1)
csumtin|2 years ago If bankB is hacked, bankA still gets their money back or the payment is sent to bankC. So I still think the counterparty risk is eliminated between bankA and bankB load replies (1)
JumpCrisscross|2 years ago
Bank failing in this context would be the bridge (EDIT: contract) gets hacked. Hence mitigated, but not eliminated.
csumtin|2 years ago