NerveNetwork has successfully deployed a cross-chain bridge from Bitcoin (BTC) to Ethereum Classic (ETC). Compared with BTC, ETC is a Turing-complete blockchain that can run smart contracts. Through the cross-chain bridge, users can cross-chain BTC to the ETC network and participate in ETC's smart contract ecosystem without selling BTC.
This deployment realizes the asset connection and transfer between the two independent blockchain ecosystems of BTC and ETC, enabling BTC users to enjoy more innovative financial services on ETC, greatly improving the liquidity of on-chain assets, and expanding the application space of decentralized finance (DeFi).
Cross-chain bridges are of great significance and importance to the blockchain ecosystem. They enable different blockchain networks to communicate and exchange data with each other, breaking the isolation of each blockchain and promoting the interconnection of the entire blockchain ecosystem.
Through cross-chain bridges, more application scenarios and user groups can be formed, and users and developers can interact and develop in a wider ecosystem. This provides DeFi projects with a broader space for liquidity and asset management, and promotes the diversification and innovation of decentralized finance.
For more information about NerveNetwork, please visit the following links:
Website: https://nerve.network
Twitter: https://twitter.com/nerve_network
Telegram: https://t.me/NerveNetwork
Cross-chain Bridge: https://swapbox.io/bridge
ETC Grants DAO hopes to enhance the interoperability and collaborative development of the ETC ecosystem with other blockchain communities and promote the continued growth of the ETC network and ecosystem through funding and support for this project. We sincerely invite developers, researchers and innovators to join us and jointly create a blueprint for the future of decentralized technology.
The blockchain world has suffered from cross-chain bridges for a long time. This article will introduce the basic principles, advantages, tutorials and precautions of Leap's bridgeless cross-chain in easy-to-understand language.
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