What does Multichain mean?
What does Multichain mean? Multichain refers to cross-chain protocol, which ena
What does Multichain mean? Multichain refers to cross-chain protocol, which enables the interoperability of different assets on the Ethereum network through multi-layered transactions.
A cross-chain bridge on a single blockchain can transfer funds from one network to multiple chains. This means that each chain can utilize the same technology for different operations and interactions. Therefore, in order for cross-chain assets to freely flow between two other blockchains, it is necessary to utilize all the infrastructure or data centers of that chain. Multichain, also known as “multi-chain”, supports users to send or receive multiple assets between different blockchains.
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