Celer’s cross-chain payment network cBridge announced support for Swarm Token (BZZ)
It is reported that cBridge, a cross-chain payment network launched by Celer Network, announced its support for Swarm Token (BZZ), a decentralized storage network. Users can now provide centralized storage and hosting services for Swarm Token (BZZ) between Ethereum and BNB Chain through cBridge.
Interpretation of this information:
Celer Network’s cross-chain payment network, cBridge, has recently revealed its support for Swarm Token (BZZ), which is a decentralized storage network. With this integration, users can now easily provide centralized storage and hosting services for BZZ between Ethereum and Binance Smart Chain.
This development is significant because it provides a lot of conveniences for those who want to store and transact with BZZ. By using cBridge, users can avoid the usual transaction hindrances like those caused by high fees and slow confirmation times. This is because cBridge enables seamless transfers between different blockchains.
The integration between cBridge and Swarm is especially crucial for users that work on both Ethereum and Binance Smart Chain. These two blockchains are known for their respective strengths, and now users can leverage the speed of Binance Smart Chain and the security of Ethereum through cBridge.
Moreover, cBridge’s interoperability extends beyond Binance Smart Chain and Ethereum. In fact, the platform supports over 30 different blockchain networks, enabling users to connect various ecosystems seamlessly. This capability of cBridge is called the “Universal Transaction Gateway,” and it aims to simplify the process of exchanging tokens between blockchains.
In conclusion, the integration between cBridge and Swarm Token (BZZ) represents a significant step in the development of decentralized finance (DeFi) and blockchain technology. As the adoption of blockchains continues to grow, interoperability among different networks will become more critical. Thus, cBridge’s support for BZZ is a concrete step towards achieving higher levels of blockchain interoperability.
This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/41042.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.