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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms5 shown

Cross-chain bridgesBy locking assets on one chain and issuing their corresponding representation on another, value can move across networks.
cross-chain bridgesA cross-chain system that locks funds on one network and mints representations of the corresponding assets on another network.
Relay cross-chain bridgeA cross-chain bridge that forwards information between different blockchains and typically relies on a specialized network to provide shared security.
Federated cross-chain bridgeA cross-chain bridge in which asset transfers between different blockchains are approved by a group of trusted entities.
Cross-Chain BridgeA tool that connects different blockchain networks and supports cross-network token transfers or communication.

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Definition

Cross-chain bridges

By locking assets on one chain and issuing their corresponding representation on another, value can move across networks.

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