Jump-Backed Wormhole Bridge Expands to Algorand Blockchain

The Algorand partnership marks Wormhole’s 10th integration with a layer 1 blockchain, as developers focus on interoperability solutions. Popular layer 1, or base-layer, blockchains, such as Ethereum, Avalanche and Solana, cannot easily communicate with each other, meaning assets held on one blockchain are difficult to transfer onto and account for on another.

Source: https://www.coindesk.com/tech/2022/05/17/jump-backed-wormhole-bridge-expands-to-algorand-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines