word
cross-chain bridge
KROS-chayn BRIJ
krɒs tʃeɪn brɪdʒListen
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Syllable breakdown
crosschainbridge
Dictionary meaning
a protocol enabling the transfer of tokens or data between two distinct blockchain networks; typically locks assets on the source chain and mints equivalent representations on the destination chain; a critical but historically vulnerable piece of infrastructure — bridge exploits account for billions of dollars in cryptocurrency losses
Examples
- She used a cross-chain bridge to move her USDC from Ethereum to Solana in under two minutes.
- The cross-chain bridge hack of 2022 resulted in 625 million dollars in losses.
Synonyms: blockchain bridge, interoperability bridge, token bridge
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