Hello @gadrian.  I went to look up wrapped tokens and VSC in Google to see what they meant.  There is so much to learn.  

"Wrapped Token - Wrapped crypto tokens are cryptocurrencies pegged to the value of another original crypto or assets like gold, stocks, shares, and real estate and put to work on the DeFi platforms.
The original asset is ‘wrapped’ into a digital vault, and a newly minted token is created to transact on other platforms."

"VSC - VSC is the native utility token that is used for: - Fees for processing transactions and storing data. - Running validator nodes on the network via staking VSC tokens."

I'm trying to understand the article better.  It is very interesting and I will post links to where I got my definitions in a reply to this comment. Barb #ctp

Here are more words I had to look up the meaning of @gadrian, in order to wrap my head around the article. 

Ethos

"the characteristic spirit of a culture, era, or community as manifested in its beliefs and aspirations.
"a challenge to the ethos of the 1960s"

EVM 

"EVM Chains are the bread and butter of the crypto space. In select cryptocurrency camps, the Ethereum Virtual Machine (EVM) is considered a non-negotiable feature that emerging blockchains need to support to stay relevant and attract users." 

Application-specific blockchain

"Application-specific blockchain or Appchain is a specialized blockchain built solely for a specific application. Unlike public blockchains that support many applications, these are optimized for singular use cases — ensuring efficient performance tailored to that application's needs. Cosmos and Polkadot brought up this concept of appchain back in 2016."

I will put this links under this comment as required by inleo.  

I think that Thorswap is doing an awesome job to integrate the Chainflip Liquidity Network to prevent the wrapped tokens that you say causes high fees and they don't sound secure.  Wrapped tokens sound like they are more easily hacked, correct?

Thank you @gadrian and this is very fascinating stuff to learn on bridges!

Barb !BBH !CTP #ctp

Thanks for the useful piece of info. I didn't quite get some of the terms you used but I'm sure the bridging would be beneficial in several ways to the hive platform. Have a nice day. 

Gradually this bridges are setting the standard for the future or for tomorrow 

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I think it's good to see more bridges and I think it's a good idea to include non-EVM bridges. I don't think many people are really working on that right now.

I'd like to know how these swaps are conducted on a more technical level, because the non-EVM bridges really is an interesting concept. There's potential for HIVE to be connected to that 'island' as you put it.

these bridges are the backbone of transferring your money from one chain to another. 

This sounds great. Crypto and swaps have been around for a long time already, so I am surprised that this didn't happen earlier. I guess people were satisfied and fine with centralized options like Binance. I hope they are able to make this a success, so we have more options.

I think the bridge is really beneficial because it will actually helps to settle a lot of things that needs to be settled gradually 

I’m lost here
Haha
Well, I learnt a bit though cos I’m a novice 

Very limited on time myself this morning @gadrian, I will simply let you know I read your post.  And agree there is a great deal of activity going on around the "weakest link" in facilitating cross-chain activity - bridges.

One option that has my support was written about [here](https://peakd.com/hive-167922/@roleerob/alpha-launching-layer-one-x-future-web3-titan) ... Which resulted in the selling of my THOR stake, in favor of it, for what has the power to make it obsolete (in the eyes of some ...) and which currently has a TGE launch date of April 2nd ...

As with all the myriad of things going on all around us, all the time, we'll see ...

I'm sure we will soon have the kind of connectivity that will make for the flow of market experiences among crypto world. Such could lead to the strong coins strengthening the weak ones

> The Bitcoin-HIVE bridge that is being built by VSC may be a little different because bridge nodes will need to be over-collateralized for the swaps they'll perform, and if something goes wrong, they'll lose the collateral.

This is correct.

I love the thought of being able to acces other blockchains, or crosschain access so long as the chains (and their bridges) are truly decentralized. Meaning they do NOT have any type of corporation (Labs... etc) behind them.