Avalanche growth sparks third-party cross-chain bridges

840 aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDIvZDc1MGY0YzgtZjA5NC00NjVjLThhMDktMzIxNDE0NmE1NGRjLmpwZw sKwYvS

Avalanche blockchain launched its own official Ethereum bridge in 2021, but now a third-party cross-chain bridge claims to reduce transaction cost even further.
Avalanche (AVAX), a Layer-1 proof-of-stake (PoS) blockchain network, gets a new cross-chain bridge from Umbria Network to help traders transfer liquidity between Ethereum mainnet and the Avalanche blockchain.Avalanche blockchain supports multiple virtual machines, including WebAssembly (WASM) and Ethereum Virtual Machine (EVM), allowing different sub-chains to incorporate a specific way of operations. Multiple virtual machine support enables easy connection with Avalanche. The network launched its official Ethereum bridge in 2021 to allow the two-way transfer of ERC-20 and ERC-721 tokens across the two blockchains. But its growth as a network, along with its native token AVAX seeing serious gains over the last few months, led to the creation of third-party cross-cha

Czytaj więcej

We współpracy z: https://cointelegraph.com/news/avalanche-growth-sparks-third-party-cross-chain-bridges

Total
0
Shares
Dodaj komentarz

Podobne Wpisy