A blockchain bridge is a tool that enables the transfer of assets and data between different blockchain networks. It is essential for interoperability, allowing users to move tokens between ecosystems like Ethereum and BNB Chain.
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Questions & Answers
What does bridge mean in crypto?
A blockchain bridge allows assets and data to move between different blockchain networks, enabling interoperability and expanding DeFi opportunities.
How do crypto bridges work?
Bridges lock assets on one chain and mint equivalent tokens on another, ensuring seamless transfers between blockchains
Are crypto bridges safe?
They can be risky due to smart contract vulnerabilities and hacks. Use reputable bridges and always verify security measures.