LayerZero CEO Bryan Pellegrino dismissed the claims, although he did acknowledge the issue could affect a majority of projects on LayerZero.
Nomad CTO James Prestwich made a raft of accusations against rival project LayerZero, claiming it had undisclosed trusted third-party vulnerabilities.
"It’s 100% factually incorrect and I'd ask you speak to any auditor who has worked on the project,” Pellegrino told The Block. Stargate is open to both vulnerabilities and is actively being exploited by the LayerZero team to modify messages, he claimed. Stargate is a bridging protocol that's one of the largest applications running on LayerZero and was built by the team as a proof of concept for the underlying protocol.
In conversation with The Block, Prestwich acknowledged that trusted third-party vulnerabilities are common and not that big of a problem because trusted parties are often trustworthy. However, he said the real problem was LayerZero denying that this was possible and leveraging its access to patch issues with Stargate.it “wildly dishonest.
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