Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Hazank on October 24, 2021, 05:53:23 AM



Title: Newscrypto collaboration with Chainlink
Post by: Hazank on October 24, 2021, 05:53:23 AM
Newscripto begins work on the Stellar-Polygon bridge, which offers near-instant swaps and zero fees thanks to the high throughput of both blockchains. This is very cool, but what do you think about the security of this whole project? Newscrypto will use multi-signature decentralized schemes and Chainlink Proof of Reserve to ensure swap wallets are properly balanced. Too many large companies in one place, cannot but influence the market. Any thoughts on this?