What is cross-chain technology?

Cross-chain is the ability to transfer data, tokens, and other assets between different blockchains . Traditionally, blockchain networks exist in isolated environments and cannot communicate with other blockchain networks. Cross-chain technology looks to fill this gap and enable data sharing and interoperability between independent blockchains.

What are blockchain and cross-chain?

Let’s start by explaining what blockchain and cross-chain are. Blockchain is literally a chain of blocks — a network in which one block of transactions sequentially follows another and the network is supported by miners/nodes. The first blockchain is the Bitcoin blockchain, since its launch many other blockchains have been created.

What are cross-chain bridges & how do they work?

While there are many benefits to using blockchains, they are effectively self-contained systems that don’t typically interact with other blockchains. Cross-chain bridges allow for interactions between various blockchain networks. To better understand cross-chain bridges, consider several top cryptocurrency blockchains today.

How does cross-chain interoperability work?

Cross-chain is a tool that connects different blockchains, allowing you to transfer assets between them. Here we come to the key point — how does cross-chain interoperability works? Cross-chain interoperability is possible for any blockchain that supports smart contracts.