What is cross-chain technology?

Cross-chain technology refers to the ability to transfer data and tokens between different blockchains. The Web3 landscape is increasingly becoming multi-chain, with the dApp ecosystem existing across hundreds of blockchains, layer-2 networks, and appchains.

What is a cross-chain Dao?

Furthermore, a cross-chain DAO could govern and modify the parameters of smart contracts across different blockchain networks in a seamless manner, expanding the scope of what can be governed by token holders within one or multiple on-chain environments.

What is a cross-Chain Bridge?

A cross-chain bridge typically involves locking or burning tokens on the source chain through a smart contract and unlocking or minting them through another smart contract on the destination chain. In effect, a cross-chain bridge is a cross-chain messaging protocol applied to a very narrow use case—transferring tokens between different blockchains.

What is a cross-chain smart contract?

Cross-chain smart contracts are made up of multiple smart contracts deployed across multiple networks, creating a single unified dApp. How Does Cross-Chain Technology Work? Cross-chain solutions typically involve validating the state of the source blockchain and relaying the subsequent transaction to the destination blockchain.