Cross-chain bridge hacks have resulted in over $62 billion in losses, making bridges one of the most exploited attack vectors in the blockchain ecosystem. In this interview at Consensus 2025, Erick Watson, Co-Founder & CEO of Randamu, explains how Randamu’s bridgeless approach to multi-chain interoperability eliminates the vulnerabilities that make traditional bridges such attractive targets.
Rather than moving assets between chains through bridge intermediaries, Randamu coordinates cross-chain actions atomically using threshold cryptography and decentralized networks. This approach removes the single points of failure that hackers have repeatedly exploited in bridge protocols, from the Ronin Bridge (320M) attacks.
Watson discusses how Randamu was named a finalist at CoinDesk’s Consensus 2025 PitchFest, the technical architecture behind bridgeless interoperability, and why the industry needs to move beyond the bridge paradigm entirely.
Key Topics
- The scale and severity of cross-chain bridge exploits
- How bridgeless interoperability works through threshold cryptography
- Randamu’s approach to securing multi-chain transactions
- Why traditional bridges create systemic vulnerabilities