According to official news, Orders.Exchange has officially launched the testnet version of its cross-chain bridge service Orders Bridge, aiming to completely solve the Bitcoin network congestion problem.
It is reported that Orders Bridge was jointly built by the Orders team and the Octopus Space team to provide cross-chain services for bridging Bitcoin ecological tokens to the side chain solution MVC (MicrovisionChain).
By cross-chaining to MVC, transactions of related BRC20 tokens will enjoy side-chain features such as a rate of 1/500,000 during the peak period of the Bitcoin network, 0 block confirmations, etc., which will greatly improve the efficiency of token transactions and reduce transaction rates.
This test is expected to take a week. Officials stated that the user wallet address will be recorded during this test, and rewards may be issued after the test period. In addition, according to official news from Orders.Exchange, the liquidity pool staking rewards supporting its Swap service will also be officially launched next week.