Blockchains are isolated silos that cannot natively communicate; with the drastic increase in the number and size of different blockchain ecosystems, there is now a need for key infrastructure to connect them.
Bridges exist to connect blockchains and enable:
- the cross-chain transfer of assets;
- the cross-chain transfer of information;
- multi-chain dApps (e.g., a cross-chain decentralized exchange or a multi-chain yield aggregator).
Some examples of bridges: