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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

Terms11 shown

BEP-682Used to reject duplicate validator counting in cross-chain signature verification, ensuring that the signature threshold is met by a sufficient number of genuine validators.
BNB Chain Pasteur hard forkBNB A network rules upgrade on Smart Chain focused on enhancing cross-chain and validator governance security and increasing block transaction capacity.
Chain AbstractionA design approach that simplifies cross-chain interactions, so agents and users do not need to handle the technical differences between multiple blockchains.
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.
SidechainAn independent blockchain that operates in parallel with Bitcoin, has its own consensus rules, and connects to Bitcoin through a cross-chain mechanism.
System Rewards ContractReceives one-sixteenth of block fuel fees, with a balance cap of 100 BNB, and uses the funds to subsidize cross-chain transaction packaging.
Federated cross-chain bridgeA cross-chain bridge in which asset transfers between different blockchains are approved by a group of trusted entities.
Cross-chain interactionThe process by which users or applications call services, process assets, or obtain data across different blockchain networks.
Cross-Chain BridgeA tool that connects different blockchain networks and supports cross-network token transfers or communication.

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Definition

Relay cross-chain bridge

A cross-chain bridge that forwards information between different blockchains and typically relies on a specialized network to provide shared security.

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