Unable to communicate with each other, blockchains are now all linked.

Your 2 free articles this month are up

The research your peers are already using

The Big Whale gives financial institutions the market intelligence, network, and platform to move with confidence in digital assets. Trusted by 150+ firms.

Until a few years ago, blockchains were unable to communicate with each other. Someone with bitcoins couldn't send bitcoins to Ethereum and vice versa. In a way, it's as if a Gmail user couldn't send emails to someone using a Hotmail address. Clearly, they don't speak the same language.

This wasn't too much of a problem up until 2021, but with the rise of alternative blockchains (Solana, Avalanche, etc.) and Ethereum's secondary layers (Polygon, Arbitrum, etc.), it has become essential to offer the same services to all users.), it has become essential to offer transmission belts between protocols so that you can use your cryptos anywhere and not necessarily on their native protocol.

Bridges have gradually established themselves as the solution to this problem.

Grégory Raymond

Gregory Raymond is a French journalist specializing in economics and cryptocurrencies, currently head of research at The Big Whale.

Voir tous les articles ↗
Virgile Heuraux

Virgile Heuraux is a blockchain expert and certified project manager, involved with Alyra, the blockchain & AI school, and Grand Sage at DeFi France. He develops projects and educational content on blockchain.

Voir tous les articles ↗
Format
Analysis
Share this article
Weekly Briefing
Every Friday, cut through the noise with independent analysis on curated news delivered straight to your inbox.
Read by 30,000 professionals
Latest Report
The major shift of banks towards digital assets and blockchain
Download Report

Sind Sie bereit, Ihre Strategie für digitale Vermögenswerte zu beschleunigen?

Kontaktiere uns →