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Cross Chain - Bridging between Blockchains
Imagine different islands, each with its own unique economy and currency. To trade with each other, these islands need bridges to connect them. In the world of blockchain, these islands are different blockchains, and the bridges are called cross-chain bridges.
Why do we need cross-chain bridges?
- Seamless Asset Movement: Just like you can move money between different bank accounts, cross-chain bridges allow you to move your digital assets (like cryptocurrencies or NFTs) between different blockchains.
- Expanded Opportunities: By connecting different blockchains, you can access a wider range of financial services, decentralized applications (dApps), and investment opportunities.