Cross chain bridge development
                     Cross chain bridge development
                                                                         
blockchainx
A Multi-chain market and asset security:
Cross chain bridge development As it has evolved over the years, 
the blockchain space has become a multi-chain market, with 
hundreds of thriving public chains, covering Ethereum, 
Ethereum 2.0, Solana, Terra, Cosmos, Avalanche, and many 
more. As they compete with each other in terms of 
ecosystem development, these public chains strive to attract 
more developers to their ecosystem.  Meanwhile, DApps are 
also hoping to be deployed on more public chains to capture 
user traffic and asset liquidity.
However, since each public chain has its own unique 
underlying technical framework, joining public chain islands 
is an extremely expensive, complex, and insecure process.
However, since each public chain has its own unique underlying 
technical framework, joining public chain islands is an extremely 
expensive, complex, and insecure process.
Build a token bridge It was recently reported that Ronin, the 
exclusive sidechain of Axie Infinity, was hacked and $624 million 
worth of crypto assets (including 173,600 ETH and 25.5 million 
USDC) were stolen, which is the most disastrous security breach 
among cryptocurrency bridges. cross chain. The hacking incident 
focused on private key management. As a cross-chain bridge 
involves the interaction of assets and data on two different 
public chains, its complex design has created a loophole in terms 
of contract permission, making it a target for hacking.
Cross-chain exchange at the communication layer:
Cross-chain solutions like LayerZero and Axelar support 
universal messaging, allowing all kinds of data and information 
(including arrests) to move across multiple ecosystems, and 
applications can even make arbitrary function calls across 
chains, allowing them to enter other communities without 
having to get deployed elsewhere. Other protocols, such as 
Synpase and CELER, are limited to cross-chain exchange of 
assets or tokens.
On-chain messaging remains a key component of the 
blockchain infrastructure. As DApp development and retail 
demand grows, the ability for a protocol to interact with its 
users in a meaningful and decentralized way will be a key 
growth factor.
WEBSITE                 :
https://www.blockchainx.tech/bridge-smart-contract-development
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COMPANY           :BLOCKCHAINX