What is Wormhole?

Wormhole is a cross-chain messaging protocol designed to facilitate the secure transfer of data and tokens across various blockchain networks. It supports applications in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), and governance by enabling efficient and secure data movement between different blockchains.

The protocol utilizes multiple verification methods to maintain the integrity and validity of the data transmitted through its network. Key features include its compatibility with various blockchain platforms, which enhances its versatility within the cryptocurrency ecosystem. The foundational aspects of Wormhole contribute to its operational framework, although specific details regarding its supply cap and governance model are not provided.