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Home/ Questions/Q 1136
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Charlotte
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Charlotte
Asked: February 24, 20222022-02-24T11:31:23+00:00 2022-02-24T11:31:23+00:00In: DeFi

How does the Polygon Bridge work?

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The Polygon Bridge utilizes a double agreement design to streamline for speed and decentralization. It likewise upholds erratic state changes on sidechains, which are viable with the Ethereum Virtual Machine (EVM). Cross-chain token exchanges can be accomplished immediately without outsider dangers or market liquidity limits.

While spanning tokens across the Polygon Bridge, there won’t be any progressions to the circling supply of the token. Tokens that leave the Ethereum network are locked, and similar number of tokens will be stamped on the Polygon network as fixed tokens on a 1:1 premise. While connecting the tokens back to Ethereum, the fixed tokens on Polygon will be scorched, and those on Ethereum will be opened during the interaction.

There are two kinds of extension on Polygon for resource move, the Proof of Stake (PoS) Bridge and the Plasma Bridge. The PoS Bridge, as the name proposes, embraces the Proof of Stake (PoS) agreement calculation to get its organization. Stores on the PoS Bridge are finished immediately, however withdrawals might require a significant stretch of time to affirm. The PoS Bridge upholds the exchange of ether (ETH) and most ERC tokens.
Then again, the Plasma Bridge upholds the exchange of Polygon’s local token MATIC and certain Ethereum tokens (ETH, ERC-20, and ERC-721). It utilizes the Ethereum Plasma scaling answer for offer expanded security. If it’s not too much trouble, allude to the authority documentation for more specialized subtleties.

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