Cryptocurrency Q&A
How does AVAX bridge work?
How does AVAX bridge work?
RainbowlitDelight
Wed Jan 01 2025
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7 answers
1642
AVAX bridge works by enabling the transfer of assets between the Avalanche network and other blockchain networks. It utilizes Core, an official bridging tool provided by Ava Labs, or third-party bridging solutions like Stargate Finance, Synapse, and Jumper. The bridge ensures asset interoperability, liquidity, and security for users seeking to move their crypto assets across different chains.
7 answers
Martino
Fri Jan 03 2025
When initiating a bridge from Bitcoin to Avalanche®, a transaction must be sent on the Bitcoin network.
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HanjiArtist
Fri Jan 03 2025
Specifically, it supports Pay-To-Witness-Public-Key-Hash output types.
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CherryBlossomGrace
Fri Jan 03 2025
This transaction involves a CORE transfer, where BTC is moved to a bridge address.
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mia_rose_painter
Fri Jan 03 2025
The bridge address is unique and controlled solely by the SGX enclave, ensuring security and integrity.
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Riccardo
Fri Jan 03 2025
The design of the bridge is tailored to support only specific output types on Bitcoin.
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