Blockchain Bridges And Interoperability: Overview, Roles, and Integrations

Written by Megan | Published 2021/03/11
Tech Story Tags: blockchain | ethereum | token-bridge | interoperability | technology | ethereum-top-story | chain-safe-ethereum | what-is-chain-bridge-ethereum

TLDR Blockchains are often unable to effectively communicate with one another. This makes it difficult, and at times impossible, for users to transact across different blockchain networks. By using a bridge, users are able to connect multiple isolated blockchains to one another, allowing for the simplified flow of digital assets. ChainBridge is a modular multi-directional blockchain bridge to allow data and value transfer between EVM-compatible blockchains and Substrate-based chains. ChainSafe is focused on building the infrastructure for Web3 by contributing open-source software to the ecosystem.via the TL;DR App

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Published by HackerNoon on 2021/03/11