Hacken continues cross-chain expansion to Binance Smart ChainWhat are blockchain bridges?
Blockchain bridges are connections used to transfer tokens between different blockchain protocols while allowing for interoperability between different blockchain networks such as Ethereum, Vechain, and Binance Smart Chain (BSC).
Why do we need bridges?
In the future, cross-chain interoperability will be an indispensable characteristic of DeFi and crypto tokens. We do not want to restrict our community from trading on popular DEXs such as Uniswap and Pancakeswap. That is why Hacken created a pair on Uniswap in the middle of 2020.
From now on, users will be able to transfer their tokens between different EVM-based blockchains, trade on the best DEX platforms, and make deposits to centralized exchanges in a more convenient way. Also, compatibility with Ethereum and BSC simplifies listing on the top exchanges.
We keep on expanding this list to support non-EVM-based blockchains with our Solana bridge for ensuring lightning-fast transaction speed and further interoperability for our vaults.
Read more:
https://hackenclub.medium.com/hacken-continues-cross-chain-expansion-to-binance-smart-chain-21e86a90f63c