UNDERSTANDING BRIDGE TRACING IN CRYPTOCURRENCY

Hello to everyone in this great community today and on this wonderful platform at large. I greet you all in good spirit and I want to believe that you all are doing just great today and if so, we give God the praise for sustainability of life and good health.

I welcome you all to yet another wonderful weekend before us all and I want to believe that the week was stress-free and easy as we now have few days to rest so well from the rigorous week we just had.

Today, as usual I am here once again to discuss with you all on here regarding an important topic Which I have taggedUNDERSTANDING TRACING IN CRYPTOCURRENCY. I urge you all to stay put, sit tight and relax while I begin the teaching for today. I wish you all a happy reading.

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Before we begin the lecture for today, It is expedient that we understand some basic terms which are mentioned on here regarding today's teaching. The digital currency possesses several network chains that are used to transfer and receive digital assets on the Blockchain. This method through which digital assets are being transferred from various network chains successfully is regarded as BRIDGING.

WHAT CRYPTOCURRENCY ASSETS BRIDGING?

Bridging just as I have earlier explained is the transfer and the interaction of various network regarding different Blockchain which allows for an easy transfer of assets between the said networks.

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Bridging allows for the exchange, transfer of data, information and most especially crypto assets between two Blockchain networks. Interoperability gives room for cross-chain transactions between various Blockchain networks such as the Solana network, Ethereum network, Bitcoin network, and so on.

For the fact that these Blockchain networks are far apart from eachother, bridging focuses on providing basic solution their by allowing for the exchange of information, assets and data between various Blockchain networks regarding the digital currency.

BRIDGE TRACING

Bridge tracing is the act of keeping in check, the movement of digital assets across different Blockchain networks. This method involves the use of what we know as Bridge, and this involves interoperability between different Blockchain networks.

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Tracing is also the act of tracking assets movement from one Blockchain network to another Blockchain network. With bridge tracing, one can track the transfer or movement of a particular asset from the Solana Blockchain network to that of the Ethereum network as well as tracking various information shared among different networks.

TRACING SIMPLE TRANSACTION

One can easily trace simple transactions and this involves certain transfer among EVM that have compatible chains with the use of the same wallet address. This is so easy to track the details and it is done by checking the wallet that is receiving the assets on the explorer.

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Bridge tracing is very essential and it helps or enable an individual to know the movement of digital assets between different networks. Bridging helps to transfer or move digital assets from a particular chain network to another Blockchain network and it is done with ease. The bridge tracing helps to detect the movement of various cryptocurrency assets involving different chain networks.

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CONCLUSION

Interoperability provides the avenue for certain Blockchain networks to interact with eachother, share information, assets as well as data simultaneously. The idea of bridging is to create a pathway for digital assets transfer or movement from a particular network to another, cross-chain bridging allows for the transfer of the same cryptocurrency assets between between various Blockchain networks.

Thank you all for having me today, I want to believe that today's teaching was beneficial to you all. I look forward to seeing you all on our next discussion. Goodbye for now friends!