CONNEXT/ It's simple
Today we will talk about what blockchain bridges are, what they are for and what they are. Even if you do not understand cryptocurrency at all and have no idea what blockchain is - do not rush to close this article, now a lot will open up to you)
Almost every day we make bank transfers, pay for services online, transfer money between our own accounts. Usually this happens instantly, literally in a second the funds may end up in another account, even if it is in another bank or even a country. In Belarus, most of the transfers go through the system of the RCC of the bank Belarus. The sender and beneficiary banks "talk to each other" through a single information exchange center, which means that the sending bank must send funds to an information exchange center or a single intermediary bank (usually the central bank in each country), which then deposits money into the account of the recipient bank. After that, the beneficiary's bank credits them to the client's account.
In cryptocurrency, there are also transfers both between their accounts and to other users, to other networks. But as you probably know, there are no banks or the state in this chain, that is, there is no third party through which the funds pass, everything is sent directly. This is actually the essence of cryptocurrency - the absence of a regulator, a third party who has access to your data and assets. So how do transfers happen then?
In Belarus, there are many banks whose users constantly make transfers between themselves, for example, the transfer of a BSB bank client to an Alfa Bank client. There are also a large number of blockchains in cryptocurrency, transfers between which users need to make, but like a bank, each blockchain has its own principles of operation. This is exactly what blockchain bridges are for - they give users the opportunity to transfer assets from one network to another. Thanks to them, you can, for example, transfer your tokens in the bitcoin network to the Ethereum network.
Blockchain bridges are relatively