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Bridge

Definition:

A service that facilitates the transfer of coins or tokens from one L1 blockchain to another or from L1 to L2. For example from Ethereum to BSC or from Avalanche to Fantom.

Degen Chat

Degen 1: “Have you tried Arbitrum? Just bridge your Eth across, it takes 10 minutes.”

Degen 2: “Sweet! How long does it take to bridge back?”

Degen 3: “Erm… don’t ask.”

Related Terms:

Dictionary: Sidechain
A sidechain is a chain that is linked to another blockchain, often via a bridge and often with the goal of alleviating congestion on the primary network or provide scalability. This can allow the blockchain to remain independent but also be part of a network of blockhchains in an ecosystem. Both Bitcoin and Ethereum run multiple sidechains effectively.

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