Skip to main content

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 IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Technology adoption gets new life in Covid-19 times

With the young discovering old ways to connect and the old connecting with the new, the Covid-19 outbreak has turned some assumptions about technology and the demographics of the Internet on its head. from Tech-Economic Times https://ift.tt/2UqFqfH
Post a Comment
Read more