How Does a “Bridge” Protocol Enhance Interoperability between Different Blockchain Standards?
A bridge protocol enables the transfer of assets and data between two otherwise incompatible blockchains, such as Ethereum and Solana. It works by locking the native token on the source chain and minting an equivalent "wrapped" token (often following a standard like ERC-20) on the destination chain.
This wrapped token adheres to the destination chain's standards, making it instantly usable in its DeFi ecosystem. The bridge ensures that the value and functionality of the asset are maintained across different token standards.