Build a cross chain bridge (2) - PowerPoint PPT Presentation

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Build a cross chain bridge (2)

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The future is cross-chain and you can do that now a token bridge. A cross-chain bridge let's you launch your token on multiple blockchains and allow users send your tokens between chains. Launch your token on any EVM blockchain with our cross-chain bridge. – PowerPoint PPT presentation

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Title: Build a cross chain bridge (2)


1
Build a cross chain bridge
  • Blockchainx

2
  • How does a smart contract compare to a dumb
    contract?
  • While a smart contract may contain some part of
    the database of obligations between the parties
    in its instructions, it is unlikely to be a
    comprehensive catalogue of all those obligations,
    particularly where the contractual obligations
    are complex.
  • parties may negotiate terms that are not capable
    of being assessed deterministically by a computer
    program (that is, not capable of Boolean
    expression.

3
  • Existing problems with bridges
  • There have been a couple of early efforts to
    connect blockchains. The following are the main
    issues which were identified
  • Bridge contracts require a minting permission
    (increased hack risk)
  • Lack of decentralization
  • Missing self-listings
  • No yield for liquidity that projects provide in
    bridges
  • No community-sourced bridge liquidity
  • Missing Stablecoin support

4
  • What is cross-chain technology?
  • The blockchain ecosystem inherently represents a
    siloed infrastructure that restricts the two
    non-native blockchain networks from communicating
    with each other. To address this challenge of
    interoperability, cross-chain technology enables
    interoperability across the independent
    blockchains, allowing two independent blockchains
    to interact and share resources and arbitrary
    data for various purposes.
  • The challenge of interoperability showed up as
    the biggest obstruction in the mass adoption of
    blockchain in many industries.

5
  • WEBSITE https//www.blockchainx.tech/bridge-s
    mart-contract-development
  • MAIL contact_at_blockchainx.tech
  • COMPANY BLOCKCHAINX
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