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While existing bridges have laid the groundwork for inter-blockchain operability, there's ongoing innovation to address limitations like exorbitant gas costs and potential exploits. Here are a few examples: Crypto bridges are fundamental to unlocking the full potential of the blockchain ecosystem. By enabling seamless asset movement and cross-chain interactions, they pave the way for a more interconnected and user-friendly crypto landscape. As technology advances and bridges become more robust and…

The process typically involves locking the original asset in a smart contract on the sending blockchain. The bridge then creates an equivalent amount of wrapped tokens on the receiving blockchain. When the user wishes to return their assets, they can burn the wrapped tokens, and the bridge releases the original locked asset on the source chain. While existing bridges have paved the way for inter-blockchain operability, there's ongoing innovation to…