
THORSwap users can now transact across Bitcoin, Litecoin, Binance Smart Chain and Bitcoin Cash networks.
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The ThorChain network remains halted after the protocol suffered a hack in which the perpetrator is estimated to have made off with $7.6 million in crypto assets.
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Cryptocurrency networks are, by default, unable to communicate with one another. With the help of numerous projects, those issues can be overcome. Chaosnet is a relatively new solution, but one that has potential. Especially in terms of cryptocurrency trading, a cross-chain solution would be favorable. A component or service which doesn’t require middlemen would be ideal. Chaosnet Offers a Solution Ultimately, such developments will lead to decentralized trading platforms. Chaosnet, a technology running on top of RenVM, is one of the technology stacks to keep an eye on. It allows for cross-chain interoperability between Bitcoin, ZCash, Ethereum, and Bitcoin Cash.
The post Chaosnet Offers Cross-chain Interoperability for ETH, BTC, BCH, and ZEC appeared first on The Merkle Hash.
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