4). Security and Challenges

Although the IBC protocol and cross-chain asset interoperability bring significant potential and flexibility to MTT Network, they also present challenges and security concerns:

• Smart Contract Risk: Cross-chain asset transfers depend on the proper execution of smart contracts. If there are vulnerabilities in the smart contracts, it could result in asset loss or theft.

• Trust Issues with Cross-Chain Bridges: Many cross-chain bridges rely on third-party trust assumptions. If these bridging points are attacked or malfunction, cross-chain assets may be lost.

• Network Delays and Synchronization Issues: Different blockchains may have varying network synchronization speeds, leading to delays in cross-chain message transmission. This can negatively affect the user experience and efficiency of cross-chain transactions.

To address these challenges, MTT Network implements multiple security measures, including smart contract audits, multi-signature mechanisms for cross-chain bridges, and continuous optimization and upgrades to the IBC protocol.