Advantages of blockchain bridges

Transaction Fee & Price Efficiency

Without bridges each blockchain has a monopoly on what users of their supported assets can do. As more bridges connect to each of the layer 1 blockchains and their layer 2 applications, that monopoly is broken and users have more choice in how they transact.

Users can search for lower fees and better liquidity increasing the overall efficiency of the crypto ecosystem.

Encouraging diversity

Blockchain bridges encourage users to venture outside the domain of the particular assets they hold. So someone holding only ERC20 tokens can still experiment with dApps on Solana or Polkadot, using a bridge, which creates a greater diversity of experience.

Moving crypto forward

The siloed nature of blockchains contributes to tribalism within the crypto ecosystem and is an impediment to its overall growth. Cross-chain bridges support a progressive case for a multi-chain crypto universe which may help wider crypto adoption.


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