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Today we will talk about a very promising project, which is only at the beginning of its journey and already has huge support — this is the Connext Network.
Why is the project so good, and how does it differ from others?
Connext is an interoperability protocol that allows developers to create fully expressive cross-domain applications (xApps) with a focus on security.
In simple words, the project is trying to solve the problem of the compatibility of blockchains in different networks with each other. Offering the best solution for this is its functional cross-chain bridge. It also allows you to change tokens with the lowest possible commissions.
The bridge is already running on the following networks: Ethereum, Polygon, Arbitrum and Avalanche, Binance Smart Chain, Polygon, xDai, Fantom Opera, Arbitrum One, Avalanche, Optimism, Moonriver, Moonbeam, Harmony, Evmos. Also to be added: Fuse, Celo, Aurora, Neon, Godwoken, zkSync, StarkNet.
I personally used the bridge and I can say that it works great. Everything is clear to any user.
Already at the moment, the protocol has more than 650 thousand transactions, 45 million liquidity, and more than 1.2 million dollars the amount that users have “overtaken” through the bridge.
An analysis of the twitter project on the coinsguru resource shows us a Score of 273, which is an excellent indicator.
In this photo, we see the connection between the projects, and connext is at the very bottom, “showing” that it is fundamentally important and without it this is not possible.
Transfers are very cost effective, making Connext the cheapest infrastructure bridge for users.
Connext as one of the possibilities to transfer from one L2 solution to another L2 solution in real time — achieving minimal commissions.
The most secure protocol in the world, requiring no trusted third parties. The locking mechanism will prevent marshmenizators from losing or hiding with your assets.
A successful audit has already been carried out by ChainSafe Systems. From the report in a nutshell — Critical and serious problems in the version of the contract were not found. 4 minor and 16 information problems were found. Which is a good result. No known bugs were found that could affect the logic of the contract. I liked the code
Connext can be deployed and works the same on any chain or L2 system.
In such a short time, we already see a lot of networks. How does the project achieve this? Competitors who use network validators to validate transactions, and thus want to make security even stronger, cannot quickly create support for new networks, as liquidity networks do.
The project makes it possible to build staking using any protocol, lending, exchanging one token for another, transferring tokens from any CEX to another network, wrapping NFT and transferring it to any network, and much more.
Now let’s talk about supporting investors and people important in cryptocurrency. The project was supported by the largest investors, more than 80 of them. And more than 15 million dollars of investment was collected for development. Main investors: Coinbase Ventures, Okex Ventures, Hashed Digervence. And project angels Sandeep Naiwal (Polygon), Jinglan Wan(Optimism), Alex Gluchowski (zkSync), Jack O Holleran (skale network), Andre Gronie (Fantom), Stani Kulechov(Aave)
A total of more than $1.2 billion has already been transferred across the bridge.
Liquidity is over $45 million.
Transactions more than 650 thousand.
There are more than 45 routers.
We have a very promising, and most importantly, necessary project, which the market lacks and for which there is a demand. The project allows you to use the bridge for many networks, and adds them every day, allowing you to quickly, reliably and with minimal fees transfer coins and liquidity from one network to another, while having the best versatility that I have ever seen. Having used many bridges, this is my best experience so far. In a short time, the project added all the necessary networks in one place, which is good news.
The project has already shown the interest of users, and huge support from well-known people in cryptocurrency. It also showed reliability in operation, speed and versatility. Thus, we can say that this is one of the most anticipated projects.
I recommend everyone to follow this project and subscribe to all social networks-Discord ,Twitter, Youtube, Github ,Medium
Today we will talk about a very promising project, which is only at the beginning of its journey and already has huge support — this is the Connext Network.
Why is the project so good, and how does it differ from others?
Connext is an interoperability protocol that allows developers to create fully expressive cross-domain applications (xApps) with a focus on security.
In simple words, the project is trying to solve the problem of the compatibility of blockchains in different networks with each other. Offering the best solution for this is its functional cross-chain bridge. It also allows you to change tokens with the lowest possible commissions.
The bridge is already running on the following networks: Ethereum, Polygon, Arbitrum and Avalanche, Binance Smart Chain, Polygon, xDai, Fantom Opera, Arbitrum One, Avalanche, Optimism, Moonriver, Moonbeam, Harmony, Evmos. Also to be added: Fuse, Celo, Aurora, Neon, Godwoken, zkSync, StarkNet.
I personally used the bridge and I can say that it works great. Everything is clear to any user.
Already at the moment, the protocol has more than 650 thousand transactions, 45 million liquidity, and more than 1.2 million dollars the amount that users have “overtaken” through the bridge.
An analysis of the twitter project on the coinsguru resource shows us a Score of 273, which is an excellent indicator.
In this photo, we see the connection between the projects, and connext is at the very bottom, “showing” that it is fundamentally important and without it this is not possible.
Transfers are very cost effective, making Connext the cheapest infrastructure bridge for users.
Connext as one of the possibilities to transfer from one L2 solution to another L2 solution in real time — achieving minimal commissions.
The most secure protocol in the world, requiring no trusted third parties. The locking mechanism will prevent marshmenizators from losing or hiding with your assets.
A successful audit has already been carried out by ChainSafe Systems. From the report in a nutshell — Critical and serious problems in the version of the contract were not found. 4 minor and 16 information problems were found. Which is a good result. No known bugs were found that could affect the logic of the contract. I liked the code
Connext can be deployed and works the same on any chain or L2 system.
In such a short time, we already see a lot of networks. How does the project achieve this? Competitors who use network validators to validate transactions, and thus want to make security even stronger, cannot quickly create support for new networks, as liquidity networks do.
The project makes it possible to build staking using any protocol, lending, exchanging one token for another, transferring tokens from any CEX to another network, wrapping NFT and transferring it to any network, and much more.
Now let’s talk about supporting investors and people important in cryptocurrency. The project was supported by the largest investors, more than 80 of them. And more than 15 million dollars of investment was collected for development. Main investors: Coinbase Ventures, Okex Ventures, Hashed Digervence. And project angels Sandeep Naiwal (Polygon), Jinglan Wan(Optimism), Alex Gluchowski (zkSync), Jack O Holleran (skale network), Andre Gronie (Fantom), Stani Kulechov(Aave)
A total of more than $1.2 billion has already been transferred across the bridge.
Liquidity is over $45 million.
Transactions more than 650 thousand.
There are more than 45 routers.
We have a very promising, and most importantly, necessary project, which the market lacks and for which there is a demand. The project allows you to use the bridge for many networks, and adds them every day, allowing you to quickly, reliably and with minimal fees transfer coins and liquidity from one network to another, while having the best versatility that I have ever seen. Having used many bridges, this is my best experience so far. In a short time, the project added all the necessary networks in one place, which is good news.
The project has already shown the interest of users, and huge support from well-known people in cryptocurrency. It also showed reliability in operation, speed and versatility. Thus, we can say that this is one of the most anticipated projects.
I recommend everyone to follow this project and subscribe to all social networks-Discord ,Twitter, Youtube, Github ,Medium
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