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Home»Blockchain»First-Ever BSC-to-Cardano Bridge Goes Live
Blockchain

First-Ever BSC-to-Cardano Bridge Goes Live

2022-10-31Updated:2022-10-31No Comments2 Mins Read
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Blockchain


Cornucopias, a Cardano-focused play-to-earn (P2E) recreation, has introduced the launch of the very first BSC-to-Cardano bridge in a latest tweet.

The bridge was developed in partnership with ChainPort, a permissionless crypto bridge that claims to supply custodial-level safety.

Customers will not be in a position to seamlessly port their COPI tokens from BSC to Cardano. They’re required to have a minimal of 5,000 COPI tokens so as to have the ability to conduct the switch.

Enter Output, a analysis, and improvement firm that focuses on Cardano, additionally contributed to growing the bridge resolution, as per the announcement.

Identical to bridges within the bodily world, blockchain bridges make it potential to attach totally different cryptocurrency ecosystems by facilitating communication between them.

Final June, Cardano launched its first cross-chain bridge with the Nervos blockchain with a view to guarantee interoperability between the 2 platforms. In September, Enter Output created a Cardano-to-Ethereum bridge resolution in partnership with Bondly.

In August, a Sifchain-powered bridge linking Cardano and Cosmos went dwell, unlocking new alternatives for the individuals of those ecosystems.

Earlier this 12 months, it additionally turned potential to bridge USDC from the Ethereum blockchain to the Cardano community.

Cardano Outreach described the launch of the BSC-to-Cardano bridge as a “enormous improvement” for the ecosystem.

Earlier this month, BSC was drained of roughly $500 million after the attacker managed to forge synthetic withdrawal proofs. An improve was swiftly launched with a view to repair the problem following the hack.


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