Understanding P2P Bridge

||
|---------|

|^{[freepik](https://www.freepik.com/premium-vector/online-transfer-money-with-mobile-banking_6700812.htm#fromView=search&page=1&position=16&uuid=19ef4ed1-7402-4623-88de-eec3b3679e2a)}|
|----------|

Hi friends! how are you doing? Welcome to my blog, it's super good to have you back here. I trust you got value from my last post. I bring to you another interesting content, one that I believe you would find interesting as usual. In my previous post, we explored the concept "Regens in Crypto", you can check out my blog to read through if you haven't.

Today, we would be looking at **P2P Bridge** in the crypto world... it's actually another topic of interest I feel y'all should be enlightened on.I hold the belief that many of us ain't familiar with it. Anyway we are going to delve deeper into in today post.

|**Introduction**|
|---------|

This first time I practically learnt about P2P was when I had to trade my token on an exchange directly with the buyer because I was the seller and you know it was just so seamless. I did everything myself via the aid of the smart contract that was in place. Guess what? There was no intermediary who would have had a cut from the transaction.

Before now, I had always used a middle man but when I found out I could do it, it was one of the best discovery for me. Just recently I go to found out that P2P is not limited to some "intra" kind of transaction between two parties on an exchange, it transcend it. P2P can the "Inter" too between two Blockchain platforms even without a third party.

This is what has led us into what we want to discuss today. Let's get to explore what P2P Bridge is and how it works. I hope your ready for this moment of absolute enlightenment. Let's get in guys.

|**What is P2P Bridge**|
|----------|

P2P can be defined as a technology in the Blockchain space that allows digital asset, cryptocurrency to be precise to be transferred from one chain to another without any form of intermediary. This technology we are talking about are powered by smart contracts coupled with cryptographic proof which ensures that transactions are secured and seamless.

P2P Bridge simply means peer-to-peer. Meaning a transaction which is directly carried out without the aid of a third party and this time it's a transaction between blockchain which fosters what we call interoperability, a feature which allows for Blockchain interaction thereby making the blockchain space an efficient in it entire operation.


||
|---------|

|^{[freepik](https://www.freepik.com/free-vector/web-3-0-technology-isometric-with-blockchain-process-vector-illustration_31756142.htm#fromView=search&page=1&position=1&uuid=19ef4ed1-7402-4623-88de-eec3b3679e2a)}|
|----------|

The most interesting part of this innovative technology called the P2P Bridge is that it's reduce transaction cost, the reason is not far fetched, there are no intermediary that would take a cut off the transaction. In addition, it's also ensure speedy transaction even across chains.

In addition to what we have above, I will like to add that P2P bridges uses atomic swap, a kind of wallet to wallet trade between two parties which we can also refer to as peer. This is done with the aid of a smart contract on a DEX. These smart contracts helps process the order from both peer by matching or connecting a buy with a seller and vice versa without a third party.

Another added advantage is that users get to trade directly from their non custodial wallet which keep them in charge of their funds and in control of the transaction. I think at this point I need to mention some common P2P bridges and that includes the AtomicDEX, Cosmos and Polygon.


|**Where is a P2P bridge implemented**|
|--------|

They are implemented on Blockchain network. We find them majorly on Decentralized applications and platform for the purpose of cross-chains transactions. You can always find this feature on the DApp interface if you're looking to enjoy some seamless transfer or transaction of asset across chains.


||
|-------|

|^{[freepik](https://www.freepik.com/free-vector/flat-design-staking-illustration_26857365.htm#fromView=search&page=1&position=50&uuid=df05a918-f4c5-4d0d-88ed-ff09f3c4f638)}|
|----------|

People move their asset across chains for diverse reason which includes exploring other amazing features of other chains which are not available in the chain where one has his or her your asset. Securing one's asset against fraud and theft which Cex are vulnerable to and so on

|**Who Uses P2P Bridge**|
|---------|

P2P Bridge are used by different categories of people, we have crypto lovers, developers looking to enjoy what we call interoperability, we have traders who are looking to push their asset to one chain to another with the main purpose of saving cost on transaction and cutting off intermediaries from the transaction.

|**Bottom Line**|
|---------|

I believe by now we understand what P2P bridge is and how it operates. What a good way to be incentivized for prioritizing eco-friendly environment. You might also want to explore this niche for your profiting.

As my usual custom is, I would always encourage that you DYOR to be sure of every financial step you would want to take as I won't be liable for any form of loss encountered by you.
Feel free to share with me your thoughts in the comment section. Thanks for your time once again. Gracias!

-------------

^{**Disclaimer: This post is made as an education and not investment advice. Digital asset prices are subject to change. All forms of crypto investment have a high risk. I am not a financial advisor, before jumping to any conclusions in this matter please do your own research and consult a financial advisor.**}

----------

Regards
@lhorgic♥️

-----------