Blockchain industry | How does a cross-chain bridge move coins to another chain?
When wrapped assets are moved back to the original chain, the process is reversed: the wrapped assets on the destination chain are first burned, and the assets locked on the source chain are then unlocked.
Cross-chain transfers involve an extra layer of trust compared with transfers on the same chain: in addition to trusting both chains themselves, you also have to trust the bridge’s contract code and verification mechanism.
$ZRO is the token of the cross-chain messaging protocol LayerZero.
Be extra cautious about projects claiming to offer stable, high returns.
#ZRO
When wrapped assets are moved back to the original chain, the process is reversed: the wrapped assets on the destination chain are first burned, and the assets locked on the source chain are then unlocked.
Cross-chain transfers involve an extra layer of trust compared with transfers on the same chain: in addition to trusting both chains themselves, you also have to trust the bridge’s contract code and verification mechanism.
$ZRO is the token of the cross-chain messaging protocol LayerZero.
Be extra cautious about projects claiming to offer stable, high returns.
#ZRO