How Can Cross-Chain Projects Open Up Growth Opportunities of Layer2 Interaction?

Written by bingventures | Published 2022/06/08
Tech Story Tags: cross-chain | cross-chain-liquidity | cross-chain-defi | good-company | technology | blockchain | blockchain-technology | blockchain-development

TLDRLayer 2 solutions have grown in popularity over the past year due to Ethereum’s network congestion and soaring transaction fees. These solutions help DApps scale by taking transactions off-chain, but whether they can trigger a massive boom in on-chain transactions requires more refinement. This article will focus on the cross-chain solution projects that I have been following for a long time: Celer Network, Hop Protocol and Connext Network. Celer uses its own State Guardian Network (SGN) to ensure cross-chains interoperability and security.via the TL;DR App

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Written by bingventures | Investment manager at Bing Ventures and a seasoned crypto analyst and writer.
Published by HackerNoon on 2022/06/08