Cross-chain refers to the ability of different blockchain networks to communicate and interact with one another. This concept allows users to transfer assets or data across two or more separate blockchains without the need for intermediaries.By enabling interoperability, cross-chain technology enhances the overall efficiency and functionality of blockchain systems. Users can trade tokens, share information, or utilize dApps on multiple networks, unlocking new opportunities that would be impossible within isolated ecosystems.This functionality is achieved through various mechanisms, including atomic swaps, bridges, and decentralized exchanges. Each method has its own approach to facilitating secure and trustless transfers between chains.Ultimately, cross-chain solutions aim to create a more connected and versatile blockchain landscape, allowing for a seamless experience when dealing with different networks and their unique features. This can help broaden the use cases of blockchain technology and foster greater adoption.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to