Layer 2 security risks
Layer 2 Security Risks: How Multisig Centralization Breaks Trust
The Wormhole Bridge hack of 2022 wiped out $325 million in a matter of hours. The Ronin Bridge exploit drained over $600 million. These weren't smart contract bugs or cryptographic failures — they were multisig wallet compromises caused by human operational failures, not mathematical flaws. Despite Layer 2 protocols