How do blockchain bridges work? - PowerPoint PPT Presentation

About This Presentation
Title:

How do blockchain bridges work?

Description:

The future is cross-chain and you can do that now a token bridge. A cross-chain bridge let's you launch your token on multiple blockchains and allow users send your tokens between chains. Launch your token on any EVM blockchain with our cross-chain bridge. – PowerPoint PPT presentation

Number of Views:1
Slides: 6
Provided by: technospense
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: How do blockchain bridges work?


1
How do blockchain bridges works
  • Blockchainx

2
  • What role do blockchain bridges play?
  • It is possible to define these powerful
    connectors in a very simple way, by describing
    the function they fulfill. As its name indicates,
    they are in charge of connecting blockchains that
    by definition are separated or excluded from each
    other.
  • Build a token bridge This connection that is made
    through them, allows you to send tokens from one
    specific chain to another and gives a new meaning
    to Andre Cronjes phrase.

3
  • The pre-bridge era The title does not allude to
    such a distant time, although as one of my
    mentors says a week in DeFi , are months in the
    real world, Build a bridge token therefore
    speaking of the beginning of 2020 sounds like a
    past decade.Those who participate in them abide
    by rigid and clear rules, previously established
    in the consensus of creation and validation of
    blocks. It is these rules that make it possible
    to eliminate the need for a third party to
    certify each movement.

4
  • In this way, by different methods, these bridges
    permanently block liquidity on both sides . Cross
    chain bridge development For example, in the
    hypothetical case of wanting to send UST from
    Terra to BSC, we should check that the bridge we
    are going to use is liquid in UST on the BSC
    network.
  • In this way, we connect our wallet to the bridge
    and send our UST from Terra to the bridge and
    these are locked on the Terra side .
  • While on the other side, in BSC, the same amount
    of UST is released, from this network, to the
    address that we have specified.

5
  • WEBSITE https//www.blockchainx.tech/
    bridge-smart-contract-development
  • MAIL contact_at_blockchainx.te
    ch
  • COMPANY BLOCKCHAINX
Write a Comment
User Comments (0)
About PowerShow.com