Bridge in crypto refers to the infrastructure that allows the transfer of digital assets between different blockchain networks or ecosystems.
These bridges play a critical role in creating interoperability among different cryptocurrencies, enabling users to seamlessly exchange value between different blockchain networks.
The basic concept of a bridge involves locking the digital asset on one blockchain and issuing a corresponding token on another blockchain. This process allows users to leverage the unique features of multiple blockchains, such as different consensus mechanisms, transaction speeds, and security models.
Bridges can be built using various technical architectures, such as centralized, semi-decentralized, and fully decentralized. The most popular types of bridges include atomic swaps, wrapped tokens, and cross-chain relays.
