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A strong blockchain requires a strong bridge.
The official PulseChain bridge is called PulseRamp. It was built as a community effort over the span of around 6 months, from August 2021 until January 2022. A group of select individuals with blockchain and coding experience got together and analyzed over 120 different blockchain bridges to find the best one. This research resulted in the creation of the current bridge, which is a fork of the Omnibridge, a Tokenbridge extension. It has been audited on several occasions, thoroughly tested and worked without failure.
If you’re wondering how blockchain bridges work on a conceptual level watch the 3 minute video below. Followed by another video where we show in depth how the official PulseChain Bridge works.
Blockchain Bridges Explained in 3 Minutes
PulseRamp, a step by step tutorial
What is a blockchain bridge?
There are many blockchains out there. But how can you get your crypto from one chain to the other?
Let’s say there’s a new shiny chain called PulseChain offering faster block times, larger blocks, cheaper transactions, a complete system state copy of Ethereum and much more.
You already have some crypto on Ethereum, Polygon and Binance Smart Chain
And you’re thinking, “How can I get my funds from one blockchain to the other?”
Well, this can seem like an impossible task at first, since blockchains are not connected in any way. They are like parallel universes inaccessible to each other.
To solve this problem, in come blockchain bridges, which enable cross chain communication!
Let me give you an example of how they work!
Imagine there are 2 casinos and you have some chips from Casino 1. Now you want to use those chips to play at Casino 2. You pack up your chips, go to Casino 2 but as you get there, they refuse your chips, because it turns out, they can only be used in Casino 1. So you go back to Casino 1.
Does this mean that your gains are locked up in Casino 1 forever? Well, not quite.
Even though both casinos are isolated from each other, with the help of an external tool, such as a phone system in this example, they can communicate and verify the legitimacy of the other casino’s transactions and chips.
How does it work? You take the chips you have in Casino 1 and lock them up in their safe.
The Validator is someone who validates transactions calls Casino 2 and informs about that event upon which, Casino 2 mints or unlocks the right amount of chips and calls back Casino 1 to inform that the assets are ready to be claimed. Only that specific person will be able to retrieve the new chips.
Now the user can finally go to Casino 2, claim his new assets and enjoy all the wonderful benefits that Casino 2 offers!
Let’s quickly go over the concepts you just learned and translate them to the blockchain!
The casino
is a blockchain, also called a network, such as Bitcoin, Polygon or Ethereum!
The chips are tokens, or coins or simply put: your crypto!
The phone system and whatever is connecting both casinos, as well as locking, unlocking and minting new tokens is the bridge!
The validator who confirms that chips have been locked in a safe on one side and unlocked or minted on the other, is also called a validator. Validators are an essential part of the bridge. They help verify that the desired outcome of a transaction is reached and that funds did not get lost on either chain.
The safe
is a smart contract that holds the bridged assets on one of the chains.
Congratulations! Now you are ready to bridge your assets.
Read how to use PulseRamp and bridge your assets from Ethereum to PulseChain or vice versa.
