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BlockBeats News, May 6th - Regarding the recent accusations by Kelp DAO against LayerZero in the rsETH security incident, LayerZero CEO Bryan Pellegrino has publicly responded on social media today, providing key technical details.
Pellegrino stated that the facts are not as Kelp claimed. According to the immutable on-chain records, on April 1, 2024, Kelp DAO voluntarily changed rsETH's cross-chain configuration from the default "multi DVN" setting to a manually configured "1/1 single DVN" mode. He specifically pointed out that LayerZero's official documentation had prominently warned against using this 1/1 configuration in a production environment. He further added that the LayerZero team had consistently recommended Kelp DAO to use the more secure "2/3 multisig scheme" when providing professional advice earlier, which Kelp did not adopt.
Pellegrino also revealed a key data point: during the operation of this 1/1 configuration, nearly 100% of the related cross-chain transaction volume originated from rsETH itself. Pellegrino stated that LayerZero is currently awaiting the final review report from an external security firm, after which a complete incident analysis will be made public. He hinted that the root cause of this incident lies in the project's disregard for basic security guidelines.
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