Cross-chain Bridges Overview
- What do we mean by Cross-chain Bridges?
Cryptocurrency bridges are tools that allow for the transfer of tokens between different blockchain networks. They help address the problem of blockchain interoperability, which is a significant challenge in the crypto space. Different blockchains have different protocols, and without bridges, moving tokens between them can be complicated and costly.
Bridges allow assets to be moved across chains, improving liquidity and making it easier for users to interact with different decentralized applications (dApps) across various blockchains.