Cross-chain bridges: Opening borders between blockchains! 🌉🔗
There are many blockchains in the world (Ethereum, BNB Chain, Solana, etc.), and initially, they could not "communicate" with each other. Cross-chain bridges solve this problem by allowing assets and data to be transferred between different blockchain networks.
How do they work? Bridges "lock" assets in one network and "release" their equivalent in another, or allow messages to be passed between smart contracts on different blockchains.
Advantages: Increase liquidity, improve user experience, allow developers to create applications that can leverage the best features of different blockchains.
Cross-chain bridges are the key to a truly interconnected and efficient blockchain ecosystem.
