Ask leo; what is the role of blockchain bridge in reducing congestion and high transaction cost?
hive-167922·@tobywalter·
0.000 HBDAsk leo; what is the role of blockchain bridge in reducing congestion and high transaction cost?
 [Image Source](https://www.google.com/amp/s/www.one37pm.com/nft/what-is-a-blockchain-bridge/amp) #### What is blockchain bridge? Blockchain Bridge is the connection of two or more blockchain together so that cryptocurrency can be exchanged from one chain to another. Blockchain bridge removes the barrier of lack of interoperability between the users of blockchain technology and Cryptocurrency investors. Another name for it is cross chain bridge. One of the challenges of blockchain technology is that collaboration and collective work is difficult. This then lead to high transaction cost and congestion. But with the advent of blockchain bridge, smart contract, token transfer and data exchange. It makes it easier for users to gather information from each blockchain. Blockchain Bridge also is fast and eliminate any form of congestion and transactation cost. #### The following are forms of blockchain bridge that can be used for Cryptocurrency transfer. * Binance; it is the largest bridge that supports trading of many cryptocurrency . * cbridge; it can't be used without connecting with to a wallet. * anyswap; it can be used to check balances across different blockchains #### conclusion Finally without the blockchain bridge technology it will be stressful and time consuming for Cryptocurrency investors and blockchain users because interoperability won't be possible. There would be congestion and high transaction cost . #### Thanks for visiting my blog do have a wonderful week @tobywalter cares 💕💞💞💕💕💞💞💞💕💞💞💕💞💕💕💞💕💞💞💕💞💕 Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tobywalter/ask-leo-what-is-the-role-of-blockchain-bridge-in-reducing-congestion-and-high-transaction-cost)
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