A Comprehensive Dive into Bridges
by Raza13mOctober 18th, 2023 Too Long; Didn't Read
Bridges in the Web3 ecosystem enable the transfer of assets and data between different blockchains, serving vital roles like promoting cross-chain transfers and scalability. They can be categorized into token, data, and interoperability bridges. While building, developers must balance performance, security, and cost. However, using bridges carries risks, including potential vulnerabilities like frontrunning and replay attacks. As showcased by Scroll’s bridge, developers can interact with bridges using APIs and smart contracts. Regular audits and updates are essential for bridge security in the ever-evolving blockchain space.