✅   How To Make Cross-Chain Tokens Fungible Again: Part I

Technology

The article examines the challenges of cross-chain token fungibility, focusing on issues like fragmentation and the problem of receiving non-fungible ERC-20 tokens during bridging. It explores existing approaches to cross-chain asset fungibility, analyzing their effectiveness and limitations, as well as bridging mechanisms like lock-and-mint, burn-and-mint, atomic swaps, and intent bridging. Additionally, the article highlights the potential of XERC-20 to solve these issues by introducing a unified framework that ensures fungibility for bridged ERC-20 tokens.

hackernoon.com     Jan 14, 2025