Bridges exist to connect different networks, allowing the transfer of information, data and assets between them. They are protocols that enable communication between blockchain ecosystems, improving scalability and interconnection.
Cross-chain technology encourages quicker transaction processing times and immediate token exchanges, becoming an essential feature of web3 developments.
This article ranks the best 9 cross-chain bridges that will rule 2023.
What is a Cross-chain bridge?
They are protocols that can put communication between two isolated blockchain ecosystems, facilitating interconnection between blockchains through transferring information, data and assets.
There are several types of bridges: custodial, non-custodial, unidirectional, bidirectional, cross-chain and multi-chain.