A bridge in network security refers to a protocol that connects two separate blockchain networks, allowing for the transfer of assets or data between them. This is crucial as different blockchains often operate in isolation, each with its own rules and transaction methods.Bridges enable interoperability, allowing users to move tokens from one blockchain to another. For example, a user might want to transfer tokens from Ethereum to Binance Smart Chain. The bridge locks the original tokens on the source chain and issues a corresponding amount of tokens on the destination chain, maintaining a balance.Security is vital in this process, as bridges can be targets for attacks. A compromised bridge may allow hackers to exploit vulnerabilities, resulting in the loss of funds. Therefore, robust designs, including cross-chain verification mechanisms and secure smart contracts, are essential to safeguard transactions and ensure trust between networks.Overall, bridges enhance the utility of blockchain technologies by facilitating diverse applications and increasing liquidity among different platforms.

CoinShares Records $785 Million in Digital Asset Inflows, 2024 YTD Surpasses $7.5 Billion
European crypto investment firm CoinShares has released a digital assets flows report for last week. The publication showed net inflows