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Wormhole vs Axelar: Which Bridge Is Better?
Wormhole Bridge is a decentralized cross-chain messaging protocol that enables scalable transfers of cryptocurrency, non-fungible tokens, and data across over 30 major blockchain networks, including Polygon, Cosmos, and more.
Its architecture is built on a Guardian network, requiring a minimum of 13 out of 19 Guardians to validate and sign each transaction. This guarantees trustlessness. Wormhole Bridge is transparently designed, with security audits conducted by recognized auditors like Neodyme. A $10M+ bug bounty program encourages community involvement. Developers benefit from generic message support, which enables use cases like NFT minting. Its SDK and tooling make integrating cross-chain dApps modular. Wormhole’s Token Bridge supports ERC-20, SPL tokens using a lock-and-mint model with full metadata preservation. Ideal applications include: - Cross-chain DeFi - Multichain NFT transfers - Proposal broadcasting - Data-driven dApps Despite a major exploit in 2022 involving $326M, Wormhole has since improved its auditing frequency and remains a widely adopted protocol in the Web3 space. Whether you're a DeFi user, Wormhole provides the toolkit to bridge ecosystems with scalability. |
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