The Chinese public blockchain project Nervos has announced the launch of a cross-chain bridge between it and Ethereum.

The launch of Nervos’ Force Bridge was unveiled on December 17, featuring the bridge with native support for ERC-20 tokens and hassle-free transfers between Ethereum and Nervos’s CKB chain.

The team claims the bridge was inspired by the “Force Staff” tool from the popular game Dota 2, which allows users to force the movement of objects across the virtual world.

Nervos claims that its reliable architecture simplifies the steps required to perform interchain transfers, describing other bridges as implementing “ a new asset in the target chain, registering the address on Ethereum, and specifying the relationship between transferring assets’ to provide inter-chain functionality.

In contrast, developers don’t need to create integrations to access Force Bridge, as Nervos’ bridge only requires users to deploy the ERC-20 to initiate asset transfers – with CKB’s native support for ERC-20 smart contracts that don’t require further contract steps. require execution. Nervos co-founder Kevin Wang said:

“Interoperability has been and will continue to be a key focus of the Nervos team as we develop our infrastructure to support the next generation of DeFi applications.”

Ethereum users can access Force Bridge directly from their wallets. The team hopes Ethereum developers will look to the Nervos network to expand their DApp ecosystem and user base.

Ethereum’s soaring success amid the DeFi boom in the third quarter and the December launch of the Eth2 beacon chain has inspired many prominent blockchain projects to reveal bridges between their own networks and Ethereum.

On November 24, Ava Labs revealed the Avalanche-Ethereum Bridge, which was developed by ChainSafe as part of the Avalanche-X grant program. In August, PureStake receive a grant from the Web3 Foundation to develop cross-chain functionality between Ethereum and substrate-based smart contracts parachain Moonbeam.

Many projects also try to establish a cross-chain architecture outside of Ethereum, with Chorus One securing a grant to create a bridge between Celo and Cosmos in November.



Source link