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Interested in cross-chain solution, want to bridge tokens? Check out Wormhole.
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Cross-chain bridging may impose increased risks. Please do the research before utilizing a solution.
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If you want to learn more about Wormhole, please visit our Blog. Do you want to cooperate with the Everstake team? Please email v.kozak@everstake.one or schedule a call to discuss the opportunity.

Wormhole

EVERSTAKE validator address

0x71AA1BE1D36CaFE3867910F99C09e347899C19C3

About Wormhole

Wormhole is a generic message-passing protocol that enables communication between blockchains. It currently supports over 23+ blockchains, including Ethereum, Solana, Sui, Osmosis, Base, Aptos, Near, and many others.

You can check Wormhole's official website for the complete list of the supported networks.

We invite you to read An Essential Guide to Wormhole Gateway and the Portal Token Bridge on our Blog to learn more.

faq

How does Wormhole work?

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Wormhole has a complex architecture and is comprised of several noteworthy components. All the components can be grouped into:

  1. On-chain components such as Emitter (xAsset Contracts, Relay Contracts, Worm Router Contract), Wormhole Core Contract, and Transaction Logs.
  2. Off-chain components include Guardian Network, Guardian, Spy, VAAs, Relayer (both specialized and generic), and API.

Let's see what path your tokens take if you want to send them cross-chain. Everything starts with the "Emitter," a contract that triggers the Core Contract. The Core Contract records the event in the Transaction Logs, marking your tokens' travels.

While the on-chain components get your tokens moving, the off-chain components ensure the process is secure and verifiable.

In general, your tokens' journey across chains will include three steps:

Step 1 - Emission: The journey starts with the Emitter, who kicks off the process.

Step 2 - Validation: The Guardians step in next, ensuring everything's in order.

Step 3 - Delivery: The Relayers then transport your tokens to the destination blockchain.

Who are Guardians?

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Guardians are a set of distributed nodes that monitor the state of the connected blockchains. At least two-thirds of the guardians must validate any message in Wormhole, and the guardians have equal weight/voting power in the validation process. To listen to the guardians' heartbeats, go to the Wormhole Explorer.

The guardian nodes that provide key functionality to cross-chain transfers are typically large-scale institutional staking service providers.

There are 19 guardian nodes, including some of the largest and most prominent staking providers in the blockchain world, such as Everstake.

Is Wormhole the same as Portal?

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Some users can get confused thinking Wormhole and Portal are the same. They are actually different. To make things clear, let's learn more about Portal.

Wormhole is a messaging protocol, while Portal is a bridge built on top of it. That’s it. If you want to find out more, read this article.

How does Portal Bridge work?

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When you bridge tokens through Portal, the origin token gets locked in a smart contract, and a new Portal wrapped token gets minted on the target chain. We recommend checking which Portal wrapped tokens have liquid markets before swapping those for other (native) tokens on the target chain.

You can check the existing liquid markets here.

Also, when you face some errors while using Portal, please check the list of the most common error messages and how to fix them.

Are there any tutorials on how to use the Portal Token Bridge?

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Yes, there are many step-by-step tutorials on how to use the Portal Token Bridge. Please find them here.

Products developed by Wormhole

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Wormhole has a strong team of experienced builders who develop and maintain different products and solutions.

  1. Wormhole Messaging Protocol: enable secure, cross-chain transfers of data or tokens.
  2. Wormhole Connect: integrate an in-app bridging widget in 3 lines of code.
  3. Wormhole Gateway: grow liquidity and users for Cosmos-based chains and apps.

If you want to build with Wormhole, please check this form.



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Check these links to learn more about Wormhole and the team. Also, subscribe to Wormhole's social media to stay up-to-date:

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Visit our social media to learn more about the Everstake's activities and the latest news on different blockchains:

Contact us

Have questions?
We’re always there to answer!

Our distributed team of 20+ community managers is online 24/7 and is ready to assist you.