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What is a Crypto Bridge? (Examples + Purpose for Blockchains) 

Whiteboard Crypto
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If you're here, you're probably wondering what a blockchain bridge is. In this video, we explain how a crypto bridge is used to move coins, tokens, and data from one blockchain network to another blockchain network. There are many benefits of this, but there are a few downfalls as well... and we explore the full topic of this video with examples!
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23 июл 2024

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Комментарии : 177   
@wearenoobs4099
@wearenoobs4099 Год назад
Man !! You’re the best , you’ve almost made me crypto expert from being a crypto noob .I’ve learned a lot from you . Thx buddy
@eduardomartinezjusto5426
@eduardomartinezjusto5426 Год назад
TRhank you for the amazing video!! I love the drawings and the precise explanation. something it might be useful is to show us how to actually do it in these platforms and give us examples of what to do if something happens. Again, thanks a lot! keep up the great work! 🙏😃
@oppertunist-trader
@oppertunist-trader 2 года назад
Another Nice video. Thanks man for making the video
@iam01
@iam01 2 года назад
Hey I've been to Sardinia and yes the beaches are beautiful.... Now back to the lesson at hand
@TheRollupCo
@TheRollupCo 2 года назад
Thanks for Crypto Bridge explanation, clear and easy
@andreavivarelli475
@andreavivarelli475 Год назад
Bro, I am Sardian too, from Cagliari! very nice video I am watching all of them!
@kritikabhargava7019
@kritikabhargava7019 Год назад
Never used one. Just learning from you guys for now
@sathviknarayan7057
@sathviknarayan7057 3 года назад
Nice video guys 👍😁
@mauricetermesana9419
@mauricetermesana9419 3 года назад
Great video. I've used the Binance bridge and terra bridge. Both were good. Hopefully for mass adoption one day all of this happens in the backend as it can be difficult for newer users.
@patrickkimtv
@patrickkimtv 2 года назад
EXCELLENT VIDEO!
@courageisaac9996
@courageisaac9996 2 года назад
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@alfarnese5641
@alfarnese5641 2 года назад
Thank you for video 🧐
@inthezone9817
@inthezone9817 2 года назад
Great explanation
@chesco711
@chesco711 3 года назад
Another great video. Just started using the polygon bridge myself.
@WhiteboardCrypto
@WhiteboardCrypto 3 года назад
Keep us updated with your experience!
@Blackice929
@Blackice929 3 года назад
Same here, ETH fees are too crazy... I'm hoping with ETH 2.0 things get more reasonable
@raymondfilson4382
@raymondfilson4382 2 года назад
How does the polygon bridge work?
@nertieth
@nertieth Год назад
ur the best my friend
@aslikaplan4910
@aslikaplan4910 3 года назад
thank you
@matt0411
@matt0411 2 года назад
excellent video (as always), is there a FULL LIST of the SAFEST BRIDGES ? (for each blockchain) do u have one? or can someone advise me?
@thomasparg1981
@thomasparg1981 2 года назад
Imagine if you are just coming into crypto and this is the first video you see :)
@matthewpowers241
@matthewpowers241 2 года назад
O3 Swap's bridge is quick and easy to use when bridging across chains!
@chinsin83
@chinsin83 Год назад
hi, nice video. what about the newly released usdc cross chain protocol?
@annestone-steel1391
@annestone-steel1391 2 года назад
Thanks for this informative video. Can you Please review Harmony protocol? Thanks
@konrads9298
@konrads9298 3 года назад
subscribed!!
@WhiteboardCrypto
@WhiteboardCrypto 3 года назад
Glad to have you in the community!
@krishnatejasunku6223
@krishnatejasunku6223 2 года назад
what is difference between bridge and network in crypto? Please Explain!
@copyprofai
@copyprofai 2 года назад
Pls what white paper software tool do you use?
@derdevillom
@derdevillom 2 года назад
nice do you have video fo cosmos (atom) and osmosis (osmo)
@AseemChishti
@AseemChishti 2 года назад
Is it possible make a crypto bridge for small cap tokens already having a smart contracts on multiple networks? Is this possible with a dapp? Guidance will be appreciated 🙂
@JRis44
@JRis44 Год назад
dang 9 months no answer. guess thats a no.
@jeromeordona7549
@jeromeordona7549 2 года назад
How can you tell what network your token is on? For instance, if I have Tether, how would I be able to tell if I'm on matic or smart chain?
@monomol
@monomol 2 года назад
Hi Jerome, each token has a unique contract address depending on the blockchain it is sent to. If you visit any blockchains explorer and enter your wallet adress, you'll find a "b" with a number next to it. It stands for blockchain and shows if there are any funds on different networks.
@monomol
@monomol 2 года назад
EvoDefi is the best crypto bridge among all providers in my opinion. Been using it for 8 months now and honestly I checked out the others but Evo was the fastest and cheapest service. 10/10 would recommend
@m.m.alfaihani8263
@m.m.alfaihani8263 2 года назад
Can you Explain Celer Network Please ?
@neilclay5835
@neilclay5835 3 года назад
Nice explanation, thanks guys
@WhiteboardCrypto
@WhiteboardCrypto 3 года назад
Always good to have you here Neil.
@letstrade2earn
@letstrade2earn 3 года назад
Nice one
@benbeltzer3617
@benbeltzer3617 2 года назад
Please do a video on L2 bridges
@griipuniversemagazines3412
@griipuniversemagazines3412 2 года назад
Very nice ! Thank you! Can you guys do a video on celers C bridge !? I’m doing research as well but man you guys explain these things flawlessly🙏🙏
@larahalleck7684
@larahalleck7684 2 года назад
▆ ▇ █ 十𝟭𝟯𝟮𝟯6𝟰𝟳𝟴𝟴𝟳𝟰%** 🎀
@isahbala2540
@isahbala2540 7 месяцев назад
Hello Sir, important question here please : I bridged Eth from Arbitrum network to Eth network, And was charged more gas fee than the shown had fee, I was charged $15 which is way more than the agreed gas
@remco1992
@remco1992 2 года назад
🔥🔥🔥 FNDZ is the next gem 🔥🔥🔥
@le-pr2bb
@le-pr2bb 2 года назад
What about wrapped token, i think it a product of cross-chain solution too
@marcgregory8431
@marcgregory8431 Год назад
So what is burning the liquidity bridge?
@abdullahjeffers9098
@abdullahjeffers9098 2 года назад
Do a video on cosmos
@wadewilson5795
@wadewilson5795 Год назад
Anyone know a good video to bridge from Cronos to Binance?
@antonioprevedello59
@antonioprevedello59 2 года назад
How can you froze coins in chain that doesn't supports Smart Contracts?
@benjaminlacerda
@benjaminlacerda 2 года назад
Can one token be in two block chains with two different names and the same price?
@monomol
@monomol 2 года назад
Yes. The token can have the same name, price, but be aware the contract address is different.
@vedangj044
@vedangj044 2 года назад
Algomint would be a good one.
@jxboi87
@jxboi87 2 года назад
What about wormhole bridge?
@one1up894
@one1up894 2 года назад
Can someone please explain what is the difference between bridging and say, sending all the tokens from one network to an exchange, selling it to USDC, then buying into the new token and then withdrawing it?
@MrEvilyogurt
@MrEvilyogurt 2 года назад
I could be incorrect here but I think it’s so for one you keep the security features of the blockchain, and secondly an example I have just started looking at bridges and oracles for our company, they are looking at using a private blockchain to hold private sensitive data and have a way to connect to a public blockchain for non sensitive data.
@jt3.
@jt3. 2 года назад
I AM SO OVERWHELMED WITH ALL THIS CRYPTO INFORMATION. Ahhhhhhhh
@omerkeman8651
@omerkeman8651 3 года назад
Another good explanation. Thanks for sharing.
@WhiteboardCrypto
@WhiteboardCrypto 3 года назад
Thanks for the feedback, congrats on the first comment too :D
@emorphan
@emorphan 2 года назад
simply amazing! i am shocked only few people have seen your video (me too just first time I came across actually!) will definitely check your other videos
@alrof33
@alrof33 2 года назад
Please make a video of celsius x
@kylewalker4641
@kylewalker4641 2 года назад
great video, thanks for sharing. I also watched your video on wrapped tokens and this made me wonder, why do none of the bridges simply wrap the token you intend to switch and then unwrap it on the other network?
@chinweokevictor844
@chinweokevictor844 2 года назад
Could you send me link
@enriqueeee
@enriqueeee 2 года назад
And why to use a bridge instead of a DEX? or what is the difference?
@nickelgamer5806
@nickelgamer5806 3 года назад
Another fantastic video! And no I have not used any crypto bridges before. One day I hope that there will be no need for crypto bridges and that people can do the same things with any crypto on any blockchain on the same network.
@WhiteboardCrypto
@WhiteboardCrypto 3 года назад
That's our hope as well! Where it becomes easier to use all of the different blockchains.
@aimanshafi5458
@aimanshafi5458 2 года назад
@@WhiteboardCrypto can $ICP do that sir? Is it possible
@remoterevolutions4791
@remoterevolutions4791 2 года назад
Bridges are likely to become automated and become another layer on top of crypto networks. There is also likely to be another routing layer developed. It stabss to become so meta that these layers are going to argued to be the real metaverse :).
@simontaylor4693
@simontaylor4693 3 года назад
Any thoughts on the CKB bridge between ETH, BTC, ADA, Tron, EOS and others?
@thureintun1687
@thureintun1687 2 года назад
Can you specify the type or species of this particular animal in your profile picture? Thank you very much in adv
@ilyablekot9377
@ilyablekot9377 3 года назад
very nice quality of the video!
@kjakarice
@kjakarice 2 года назад
So does a smart contract execute a sale of the underlying coin when it mints the representative token on another network? how do you solve dilution of the underlying asset if additional tokens are minted without an off set on the coin?
@NorthwestLights206
@NorthwestLights206 2 года назад
This is a great question.
@DivineAtheistWannabe
@DivineAtheistWannabe 2 года назад
Hi, can anyone tell me if Catena X (CEX) bridging token is a scam or not?
@elmundodejimbo6784
@elmundodejimbo6784 2 года назад
primera vez que escucho de los puentes
@cozzi67
@cozzi67 3 года назад
Great video - only ever used Polygon and it seemed simple enough. My understanding was that it uses ETH Blockchain as layer 1 and is essentially a sidechain or did I get that wrong?
@WhiteboardCrypto
@WhiteboardCrypto 3 года назад
We actually have a video coming up about the polygon network, and another video about general layer 2 scaling solutions. In short, Polygon is a layer 2 scaling solution that is essentially it's own blockchain.
@larahalleck7684
@larahalleck7684 2 года назад
▆ ▇ █ 十𝟭𝟯𝟮𝟯6𝟰𝟳𝟴𝟴𝟳𝟰%** 🎀
@eveleland6488
@eveleland6488 2 года назад
Is this what they mean by “wrapped”
@remoterevolutions4791
@remoterevolutions4791 2 года назад
I look forward to the time when a routing network of bridges is developed and anything in a blockchain can be exchanged for anything on any other blockchain. The quicker flawless transactions can be performed the more trust will be built in and the faster adoption will be
@larahalleck7684
@larahalleck7684 2 года назад
▆ ▇ █ 十𝟭𝟯𝟮𝟯6𝟰𝟳𝟴𝟴𝟳𝟰%** 🎀
@alvarodelcid1915
@alvarodelcid1915 2 года назад
But mainly what messing up with me are Ethereum fees it’s cost between 20 to 130 dollars just to do 1 transaction I be timing whenever I want to do a swap lol
@buttoxide8
@buttoxide8 3 года назад
Is this the same as a wrapped token?
@WhiteboardCrypto
@WhiteboardCrypto 3 года назад
It is similar, a wrapped token is any token pegged to the price of another coin or token. Bridges are involved when moving Eth from Ethereum network to the Polygon network. You go from having ETH on ETH to WETH on Polgyon. There are a few other aspects when it comes to wrapped tokens, we may actually create a whole video on that topic. Thanks!
@buttoxide8
@buttoxide8 3 года назад
@@WhiteboardCrypto I think it would be helpful for me to understand wrapped token vs. crypto bridges then! Thanks!
@mikepatterson57
@mikepatterson57 2 года назад
we may actually create a whole video on that topic@@WhiteboardCrypto
@Xavenir
@Xavenir Год назад
I always wonder why i need to use a bridge? Couldn't just exchange some goods to each other?
@mattr3446
@mattr3446 2 года назад
Option 3. Axelar
@Nychris796
@Nychris796 3 года назад
I wish you can do a video on Safemoon bridges you explained this very good and i love your animations ..you would an huge asset to the community ..please consider
@WhiteboardCrypto
@WhiteboardCrypto 3 года назад
Great suggestion!
@bernardmacarius2635
@bernardmacarius2635 2 года назад
My experience was horrible. The confusion that exists with coins that can use the exact same name. The same symbols. Like having Chinese copies, fake Rolex etc. You have to be careful. The main difference with crypto and lets say watches is the crypto is not offered at any major discount which is usually a huge red flag.
@santoshkumars7031
@santoshkumars7031 2 года назад
Bro I’m from India I love ur content and easy to understand any concept u explain .. Really amazing way of explaining things . Thanks
@iskandersassi1215
@iskandersassi1215 2 года назад
Guys someone explain minute 5:35 for me please
@cooiisterwhite6764
@cooiisterwhite6764 3 года назад
you should do a video explanation about proof of stake! maybe a continuation from proof of work and their differences
@WhiteboardCrypto
@WhiteboardCrypto 3 года назад
Great idea! Our team was just having a conversation last night about doing all of the consensus models (Stake, Work, Space, Time, etc.)
@renieltan843
@renieltan843 2 года назад
Use celer bridge
@neelpatel122
@neelpatel122 2 года назад
After hearing about 600M ronin theft I came here for understanding what does a bridge do
@ianrogers5304
@ianrogers5304 3 года назад
AllianceBridge looks promising, currently support four chains.
@khoantum
@khoantum 2 года назад
Algo
@asdfjklasdfjkl1988
@asdfjklasdfjkl1988 2 года назад
so if I hold ETH on matic, and there is an ETH fork, I wouldn't be entitled to the forked new coin?
@mobileGaming-fj8sx
@mobileGaming-fj8sx 3 года назад
Can you do a review on laika protocol bridges on 9 chains. Would love to see it. 👀
@ariffarifin3260
@ariffarifin3260 2 года назад
Wonderful effort, easy to understand
@tripleskittlez
@tripleskittlez 2 года назад
Clearly youve never heard about ICON and btp. Decentralized bridge protocol. Cya in the future
@annesmithstein8470
@annesmithstein8470 2 года назад
Thanks for this vivid explanation. I've been researching about cross chain platforms but majority of them are pricey. Luckily, I learned about Metria Network, a blockchain protocol, where users can transfer assets from one blockchain to another in a seamless manner. I found out that this platform aims to address the issue of blockchain fragmentation, scalability, and high transaction fees, without compromising on the security or decentralization so I guess it's best for people to check out this platform especially when they're having trouble with high transaction fees.
@carlacodwel683
@carlacodwel683 2 года назад
▆ ▇ █ 十𝟭𝟯𝟮𝟯6𝟰𝟳𝟴𝟴𝟳𝟰%** 🎀
@caskaptein9889
@caskaptein9889 2 года назад
$2 transactions on Ethereum?! The good old times…
@KresnaPermana
@KresnaPermana 2 года назад
Mind Solana?
@MrDaveaneo
@MrDaveaneo 2 года назад
Smart-contract bridges are often centralized, using bots to communicate information between blockchains.
@francissalcedo6492
@francissalcedo6492 10 месяцев назад
Celer bridge is the best! Celer crypto to the moon!
@tootal2pp
@tootal2pp 2 года назад
Good day As a learning experience, I moved small amounts of UST, BNB, ETH to MetaMask . UST came in on Polygon, BNB and ETH on the Binance smart chain. So, even if MetaMask is an Etherium network, I have nothing in the MetaMask Etherium network, my ETH is in the MetaMask Binance network. Can a bridge be used inside a wallet to move coins from one network to another?
@syf2108
@syf2108 2 года назад
Cosmos atom is best Using IBC
@AK-gx4fh
@AK-gx4fh 3 года назад
$Rune Thor-chain solves this
@CommanderSteps
@CommanderSteps 2 года назад
Ethereum transactions for $2. This video comes from another time. 😅
@kaseymoloney1880
@kaseymoloney1880 2 года назад
I have $60,000 how do I invest it?
@VV-lr7xe
@VV-lr7xe 2 года назад
Poligon had DAI stable coin man
@mrakun
@mrakun 2 года назад
I used a bridge for the first time recently when after I did a swap I had a token on a chain I couldn't use. Oh, I can use this bridge thing to move it to the chain I can use it on. I don't remember what the bridge was called.
@iceyjo
@iceyjo 2 года назад
Why not just create a token on say the Top 20 blockchains. Call it XYZ. Create a pools, farming etc. on XYZ token no matter the blockchain. When you want to trade or move XYZ coin you choose which blockchain you want and off you go. XYZ acts as the market maker. You could do this with smart contracts like Pancake Swap and millions of customers would constantly be exchanging XYZ to move around different blockchains.
@lordiouho9384
@lordiouho9384 2 года назад
Tether has recently become a part of these crypto bridges.
@OhFishingMyFirstLove
@OhFishingMyFirstLove 2 года назад
I'm still confused!
@tr5946
@tr5946 2 года назад
Tranfer
@WebZombiez
@WebZombiez Год назад
Now Wanchain has trustless Bridges (Not reliant on any centralized entity. true defi ) and Native to Native USDT XFlows. 17 blockchains connected. securely running for almost 5 years now!! and 0 exploits. 3000tps. 100 transactions for $.01
@ProfAzimov
@ProfAzimov Год назад
How does it work?
@WebZombiez
@WebZombiez Год назад
@@ProfAzimov Check out those links and let me know if you have any questions 👑
@hoikincho320
@hoikincho320 2 года назад
Hello I'm new to bitcoin/forex trading and I've been making lot of losses but i see a lot of people earning from it can someone please tell me what I'm doing wrong or at least give me a new strategy
@vanessabruckner8306
@vanessabruckner8306 2 года назад
After a succession of payouts from Frank Woodman, its safe to say that this fellow is legitimate. I don't have any doubts moving forward, he even turned down my gift token and asked me to give it to charity saying 'God has given me all that i need, be his vessel and help those who are less fortunate.
@wangying5427
@wangying5427 2 года назад
Frank has helped me out with the bots I used to trade to earn profits, the WRA autopot really worked wonders and generated a well earns for me
@changbill7271
@changbill7271 2 года назад
Binary trading is not easy to use if you don't know how to read the trends or have a very good strategy, good thing, I have been able to get the best strategy from Frank Woodman, and have taught so many individuals who have benefited from the trade.Teaching and trading for others to be successful is my joy. just like i have received
@valeriemelisende3731
@valeriemelisende3731 2 года назад
The first time I encountered Frank Woodman was in a seminar in Hong Kong sometime last year and he is a man of vision I must say. Highly recommend if the goal is making consistent gains off crypto trading
@weiminqiang9941
@weiminqiang9941 2 года назад
@@valeriemelisende3731 Yea sure, you don't compare Frank to anyone. His expertise is second to none
@OxMiroslav
@OxMiroslav 2 года назад
$2 per transaction, where are these days?
@thaddeus1519
@thaddeus1519 2 года назад
I would love a video on the formula for wrapped tokens and how they can guarantee that peg stays similar to the Amm video!
@chloemorphy6511
@chloemorphy6511 2 года назад
Have you heard about bitcoin mining before? Actually Mrs Alice a senior Account manager in bitcoin mining
@Iam-Sergio-Faria
@Iam-Sergio-Faria 2 года назад
What about the crap brigde???
@britney_david
@britney_david Год назад
It's has been so difficult for me trading on my own because i have had much losses.Think the real market is manipulated, please can anyone help me out or tell me what I'm doing wrong.
@Jeffrey_Ambrose
@Jeffrey_Ambrose Год назад
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advise you should stop trading on your own it's very risky, seek advice of a professional trader.
@Jeffrey_Ambrose
@Jeffrey_Ambrose Год назад
People are scared of investment because of high rate of scammers on the market
@salmakenzie6870
@salmakenzie6870 Год назад
Mam Annabelle made a transformations from my investment of $4000 to $12,400 in Just 2 weeks, I'm so excited 😊😊
@salmakenzie6870
@salmakenzie6870 Год назад
@maryjohnny5090 As a beginner who don't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker who will trade on your behalf and make profits for you.
@salmakenzie6870
@salmakenzie6870 Год назад
I'll recommend expert Mrs Annabelle Hartfield she's my account manager.
@sanderdejong66
@sanderdejong66 2 года назад
Who is here after the wormhole hack?
@richardcrown9764
@richardcrown9764 Год назад
Great video. I make huge profits on my investment since i started trading with a professional broker Mrs Silvia Morgan, her trading strategy are top notch coupled with the little commission she charges on her trade. Thanks so much ma'am♥
@benroland3652
@benroland3652 Год назад
I started this with just a thousand bucks. my portfolio is worth much more now within just weeks of trading with her thanks Mrs Silvia
@felixsizer300
@felixsizer300 Год назад
Thank you for the level-headed financial advice. I started my investment with $4,500 in just a week of trading with her I’ve gotten profits of $12,750 in my portfolio. Thank you Ma'am
@martinthomas9371
@martinthomas9371 Год назад
Surprise to see others who trade with Mrs Silvia Morgan, i am currently on my 5th trade with her and my portfolio has grown tremendously.
@anitalawrence2668
@anitalawrence2668 Год назад
Wow! Pretty good please how can i reach this Mrs Silvia everybody is talking about? I want to invest i'm in Belgium
@martinthomas9371
@martinthomas9371 Год назад
REACH HER ON HER TELEGRAM
@lstewart7478
@lstewart7478 5 месяцев назад
XRP?!?!?!
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