Core Insights - The article discusses the increasing demand for cross-chain bridges in blockchain technology, which allows assets to migrate between different blockchains, enhancing blockchain activity and capital utilization [1] - Various types of cross-chain bridges are categorized based on their technical principles, including decentralized verification bridges (zkBridge), relay-based bridges (Wormhole), mint-and-freeze bridges (Multichain), liquidity-based bridges (THORChain), and native cross-chain bridges (Polygon Pos Bridge) [1] - The article highlights two main types of cross-chain bridges encountered in practice: those relying on centralized entities and those that do not [1] Cross-Chain Analysis - A simple method to analyze cross-chain transactions is through blockchain explorers, which can show interactions with cross-chain bridges [1] - An example transaction involving THORChain is provided, demonstrating how to query transaction details using a hash [2][4] - The transaction details reveal the movement of assets from BSC to TRON, with specific fields indicating the amount and destination address [6][7]

Bridge Security & Performance - Stargate processed $70 billion with zero exploits, highlighting its robust security [1] - Other bridges experienced significant losses: Wormhole lost $600 million, Multichain locked $15 billion, and Nomad lost $190 million [1] Stargate (STG) & Zero (ZRO) Migration - Stargate's STG to ZRO migration offers an 8634% instant arbitrage opportunity on conversion [1] Market Valuation - Stargate has a $185 million market capitalization and processes $314 million daily [1] - Despite being the only bridge that has never been breached, Stargate has the cheapest valuation [1]