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Jul 15

Bridging Mechanisms And Trade-Offs

This is part 2 of a series of posts exploring bridges in crypto, read part 1 here.OverviewAs we discussed in the previous post, bridges are, to put it in simplest terms, a communication mechanism between two siloed networks. And while we mostly use them for bridging assets today from chain A to chain B, they can be very generalised protocols, enabling much more use cases like:Money markets with cross chain borrow-lending.Mint NFT’s on a secondary chain and reserve the asset on canonical chain...

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