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Wormhole 101

Introduction

Wormhole

If you’re fascinated by blockchain technology, chances are you’re involved in owning tokens or building decentralized applications (dApps) on a particular blockchain. But here’s the thing: the blockchain space is not a single entity. It consists of multiple chains, each with its unique features and capabilities. So, how do we enable communication and interaction between these chains? Enter Wormhole, a fascinating protocol that bridges the gap and allows seamless transfer of assets across blockchains.

Wormhole is a decentralized protocol that acts as a universal connector, facilitating the transfer of various assets between different blockchains. Originally designed as a token bridge between Ethereum and Solana, it has evolved into a versatile interoperability protocol, embracing multiple blockchain ecosystems such as Solana, Terra, Ethereum, Binance Smart Chain, etc. With Wormhole, these chains can now communicate and share functionality, unlocking a world of possibilities.