Polkadot now lets you natively send tokens across parachains (via vishal4c)
XCM will facilitate the movement of data and crypto assets across the Polkadot ecosystem.Cross-Consensus Messaging format . This allows all Polkadot-based blockchains to directly communicate with each other for the first time.
XCM is a messaging protocol facilitating the exchange of assets across Polkadot's parachains. It allows parachain users and developers to exchange data and crypto assets between them. This will make it easy for users of these blockchains to send tokens from one parachain to another.in December 2021 and until now had remained fragmented. With the launch of XCM, Polkadot has achieved its main goal of being a fully interoperable ecosystem.
XCM is not dependent on traditional bridges that rely on the"wrapping" of assets to move them from one blockchain to another. Rather the developers baked the XCM protocol in the Relay Chain, Polkadot’s central hub that secures all parachains. This means the whole network of connected parachains will now support this flow of tokens.alone, which can have centalized weakpoints and have often been hacked for significant amounts of crypto.
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