IPFS Filecoin Bridge: Technical Breakdown

According to Chainalysis data from 2025, a staggering 73% of cross-chain bridges are found to harbor vulnerabilities. This scenario raises pressing concerns for users who wish to navigate between IPFS and Filecoin safely. Understanding how these bridges function is paramount to ensuring secure transactions in today’s DeFi ecosystem.

What is a Cross-Chain Bridge?

Imagine a cross-chain bridge as a currency exchange booth where you can swap your dollars for euros. Just like you wouldn’t want to get scammed at an exchange, you need a reliable bridge for moving assets between different blockchains. The IPFS Filecoin bridge connects two innovative networks, enabling seamless asset transfers, but it can also introduce risks if not properly secured.

Why Are Vulnerabilities Common in Bridges?

In the DeFi space, bridges often suffer from similar vulnerabilities like those seen in software systems. Think of them like a signature on a bank check. If someone forges it, the whole transaction can be compromised. Many bridges allow