A cross-chain bridge connects two blockchains and allows us users to send different cryptocurrencies from one chain to another and vice versa. pStake is a crypto project with its own bridge protocol called the pBridge. Currently, pStake’s pBridge can manage transactions between the different well known blockchains such as Ethereum, Cosmos, and Persistence.
The pBridge cross-chain bridge protocol makes sure that transactions beginning on the Ethereum network that deal with staking/unstaking, claiming of rewards can happen on another blockchain seamlessly.
Unlike more centralized bridge protocols, pStake is highly decentralized because of its management by multiple bridge validators. In addition to this, pBridge is managed by PoS validators. In a feature referred to as Crash Fault Tolerance, the validators as a collective take part in transaction verification and signature for the multiple chains.
With the constant developments in the Defi space their pBridge will continue to expand and grow with the incipience of newer blockchains. This in turn hopefully can lead to faster transaction speeds, lower costs of transactions, and greater mass adoption.
Topic: pStake and pBridge (Read 43 times)
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