Sifchain is committed to creating a blockchain and cryptocurrency world where any asset across the globe can move freely between different blockchains and do so quickly and at the cheapest price possible.

Thanks to the project’s new partnership with Nervos, that reality is getting closer and closer. The Nervos Network aims to create an all-encompassing build architecture that allows dApp developers to build once and reach all of the users, everywhere.

What the Partnership between Sifchain and Nervos Means for Blockchain Users

If there is one thing that has become an absolute certainty over the last number of years, it’s that the path to blockchain interoperability runs through building bridges between blockchains. It sounds like a simple concept but it’s an area of cryptocurrency that is still lacking.

Fortunately, Sifchain and Nervos see the value in that. Sifchain’s focus on Omni-EVM will allow them to generate bridges to Ethereum compatible blockchains within a matter of days. And with Omni-EVM, comes the ability to be able to easily and securely spin up a bridge between Sifchain and Nervos. That’s right! Any blockchain that can interact with the Ethereum Virtual Machine (EVM) can now be bridged. And one of those bridges is between Sifchain and Godwoken, the Nervos EVM Layer.

Given that Ethereum still accounts for more than 20% of all the capital invested in cryptocurrency projects today and dominates so many different facets of the crypto world (DeFi, NFTs, smart contracts, the metaverse etc…), this is a huge development.

Moving Further into the…


Source link

Leave a Reply

Your email address will not be published.

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Menu