Solana releases ‘Wormhole’, a cross-chain Ethereum bridge
Solana, which provides scalable services to decentralized applications, today revealed the launch of its cross-chain bridge, called Wormhole, which links ETH and ERC-20 tokens to the Solana blockchain’s SPL tokens. While Solana thought that interoperability would make method for effective usage of resources, it did not anticipate neighborhoods and tasks to move “instantly” to other networks as such transfers would require high expenses. Solana would not be the very first to utilize cross-chain bridges to conquer Ethereum’s increasing gas charges and network blockage.
