pNetwork will release a BSC-Ethereum bridge, enabling major cryptocurrencies and non-fungible tokens to be tokenized and moved onto the Binance Smart ChainLondon \u2014 January 26th, 2021 \u2014 \u200bpNetwork, a cross-chain composability system that allows assets and Non-Fungible-Tokens (NFTs) to move freely between blockchains, today announced a collaboration with Binance, the global blockchain company behind the world\u2019s largest cryptocurrency exchange to connect Binance Smart Chain (BSC) with Ethereum.pNetwork powers the highest number of cross-chain connections in the industry, enabling major cryptocurrencies to be tokenized and transferred onto the DeFi ecosystem. BSC being a smart contract blockchain delivers Ethereum Virtual Machine (EVM) compatible programmability which sets a fast and cost-efficient environment to develop high-performance decentralized applications. Via pNetwork BSC will support Ethereum-based NFTs and top cryptocurrencies that are pegged 1:1 to their underlying native versions and are transparently transferred from one blockchain to another.\u201cThe Binance Smart Chain brings a number of leading features to the blockchain space, being optimized for high-throughput as well as providing smart contract functionalities.\u201d said Binance CEO Changpeng Zhao (CZ). \u201cpNetwork has created a valuable, frictionless, and secure bridge for the Binance Smart Chain to connect with other blockchains. In line with our goal of building an ecosystem where powerful decentralized dApps can flourish, we are collaborating with pNetwork to embrace the trend of digital economies becoming more interconnected.\u201dpNetwork will launch interoperability features to enable cross-chain transfers of NFTs. The first application of which will be implemented to enable the frictionless transfers of Ethereum-based NFTs onto the Smart Chain. The collaboration enables users to interact with the BSC network, and transfer assets\/NFTs via pNetwork\u2019s secure, sophisticated and transparent technology while gaining exposure to Ethereum\u2019s liquidity and its ecosystem of growing collectibles.The connection between the two blockchains will go live in February.\u201cWe aim to advance the blockchain industry by\u2026<\/p>","protected":false},"excerpt":{"rendered":"
pNetwork will release a BSC-Ethereum bridge, enabling major cryptocurrencies and non-fungible tokens to be tokenized and moved onto the Binance Smart ChainLondon \u2014 January 26th, 2021 [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3309"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=3309"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=3309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=3309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=3309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}