Sunday 8 May 2022

Everything You Must Know about Blockchain Bridges

Blockchain bridges receive one type of crypto, for instance, LUNA. It locks this LUNA as a deposit. It 'mints' an equal amount of another cryptocurrency, like, Wrapped LUNA and releases it on another blockchain e.g. Ethereum Mainnet. There are two kinds of blockchain bridges, trusted bridges and trustless bridges.

from Gadgets 360 https://ift.tt/Azsf8p3
via

No comments:

Post a Comment