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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

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    What does Crypto Index fund Means and How to Invest?

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    Who Will Reach $1 First In 2023?

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    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

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    Mocaverse Reveals Moca NFTs and Experience System

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    Imposters Beta Playtest – Play to Earn

    Spider Tanks Game Update and Gen2 Tanks

    Spider Tanks Game Update and Gen2 Tanks

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    Immutable Announces Partnership with Polygon

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    Moonlit Games – Rogue Nation Free Mint

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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

  • Play2Earn
    Voxie Tactics Adds Training Mode

    Voxie Tactics Adds Training Mode

    Mocaverse Reveals Moca NFTs and Experience System

    Mocaverse Reveals Moca NFTs and Experience System

    Imposters Beta Playtest – Play to Earn

    Imposters Beta Playtest – Play to Earn

    Spider Tanks Game Update and Gen2 Tanks

    Spider Tanks Game Update and Gen2 Tanks

    Immutable Announces Partnership with Polygon

    Immutable Announces Partnership with Polygon

    Moonlit Games – Rogue Nation Free Mint

    Moonlit Games – Rogue Nation Free Mint

    Eternal Dragons Prepares for Alpha Tournament

    Eternal Dragons Prepares for Alpha Tournament

    Splinterlands Drops Info About Land Gameplay

    Splinterlands Drops Info About Land Gameplay

    Gods Unchained New Set – Band of the Wolf

    Gods Unchained New Set – Band of the Wolf

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Komodo launches on-chain bridge between Ethereum and Binance Smart Chain

2021-10-19
in Ethereum
0
Komodo launches on-chain bridge between Ethereum and Binance Smart Chain
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Bybit Welcome Bonus: Up to $600 in Rewards

Atomic swaps device Komodo has launched a brand new model of AtomicDEX, a non-custodial multi-coin pockets and atomic swap-powered DEX rolled into one app, that includes the business’s first non-custodial, AMM-free 1:1 bridge.

The DEX permits holders and merchants to have the identical asset on two or extra protocols (e.g. BEP-20 AAVE and ERC-20 AAVE), with the flexibility to seamlessly and trustlessly switch between them.

The large DeFi downside

Beforehand, swapping of the identical crypto-asset 1:1 throughout blockchain networks required a centralized alternate or a trusted wrapped token gateway, however now it’s handy to switch in a trusted method with atomic swaps. 

“Our cross-chain bridge is a significant enchancment to the crypto expertise for each HODLers and merchants. It provides you the liberty to maneuver property seamlessly between blockchains at any time, all whereas having 100% self-custody of your funds,” acknowledged Komodo CTO Kadan Stadelmann.

The discharge of AtomicDEX v0.5 eliminates the usage of a mint/burn perform for wrapped tokens like different cross-chain bridges and allows cross-chain and cross-protocol switch of native property that exist already on their respective networks. 

Serving to Ethereum and Binance Good Chain customers

That is particularly helpful for customers who need to switch property between Ethereum and Binance Good Chain (each protocols supported on AtomicDEX) as a way to begin utilizing DeFi purposes constructed particularly for these ecosystems.

With AtomicDEX, Consumer A is buying and selling trustlessly and straight with Consumer B from their respective non-custodial wallets.

One main improve with AtomicDEX v0.5 is the addition of Easy Buying and selling View. This new interface gives a sensible buying and selling engine with real-time value feed data to the person, making certain most simplicity when buying and selling. 

This launch additionally introduces an choice for the person to customise the variety of accepted block confirmations when buying and selling – opening up the chance for faster atomic swaps that also include a excessive degree of safety and trustlessness.

As Komodo’s DEX know-how steadily advances, AtomicDEX has seen an uptick in ecosystem enlargement in current months and is proving to be the interoperability connector for all blockchain protocols.

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