Cross-chain solutions in blockchain
The idea of accessibility when using cryptocurrencies was one of the most understandable and attractive to new users. Cross-borderless, lack of barriers, complete decentralisation and anonymity were once powerful drivers for attracting hundreds of thousands of participants to the cryptocurrency world.
As blockchain technology has evolved, hundreds of cryptocurrencies, tokens, sometimes completely incompatible with each other have become a reason and sometimes a challenge for enthusiasts and investors to transact.
Sending BNB to a Phantom wallet or accepting ETH to an Avalanche user has become a barrier to transactions, and there are many such instances where differently structured blockchains have not made it easy to exchange value without immersing oneself in complex technical exchange manipulations.
One of the fundamental solutions Everscale has proposed for the market is Octus Bridge. A cross-chain application that allows transactions between blockchains in a fraction of a second.
Amazing but true, a user only needs four steps to transfer almost any token between wallets.
Install EverWallet and Metamask wallets, connect them to the Octus Bridge on the site, then select the network from which you want to make the transfer and select the network to which you want to send your tokens. After selecting the direction of exchange, specify the required amount and confirm the transactions.
Octus Bridge is a truly decentralised project that supports working with assets from multiple blockchains connected to a single bridge. At the same time, high transaction speeds are achieved thanks to the Everscale blockchain. The average transaction processing time is 0.2 seconds.
Now Octus Bridge supports two-way transfers between Ethereum, Polygon, BNB chain, Fantom and Everscale blockchains.
The appeal of the Octus Bridge app lies in the ability for users to not only make almost instant and low-cost transfers between different blockchains, but also get the added benefits of owning BRIDGE TOKEN tokens.
Products that facilitate the transfer of funds between different blockchain and offer original cross-chain solutions always attract the interest of both ordinary users and creators of their own projects.