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Bridges don't move your assets. They lock them and give you an IOU When you "bridge" $ETH to Solana, your Ethereum sits in a vault while you get a wrapped token minted on Solana. You're holding a promise that the bridge will unlock your real ETH when you want it back. This is why bridges keep getting exploited. Wormhole lost $320M, Ronin lost $600M, Nomad lost $190M. The architecture requires perfect synchronization between the vault holding real assets and the contract minting synthetics. Any desync and someone finds the exploit. THORChain works differently. When you swap $ETH for $SOL, your Ethereum enters a vault controlled by threshold signatures while Solana from a separate vault gets sent to your address. No wrapped tokens, just two native transactions on different chains coordinated by consensus. If a bridge gets hacked, your wrapped token becomes worthless even though you did nothing wrong. THORChain swaps are atomic: either it completes or you get refunded. You never hold a worthless synthetic because no synthetic exists. Native swaps are slower and cost more than bridges, but they don't create the failure mode where everyone discovers their wrapped tokens are backed by nothing. When you use THORChain, you never hold a promise someone else has to keep.

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