• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • bitcoinBitcoin(BTC)$20,262.00-2.57%
    BITCOIN
    24H : -2.57%
    Volume : $18,206,560,403.00
    Marketcap : $386,800,228,032.00
  • ethereumEthereum(ETH)$1,143.81-4.42%
    ETHEREUM
    24H : -4.42%
    Volume : $13,129,073,134.00
    Marketcap : $138,825,218,197.00
  • binancecoinBNB(BNB)$226.53-3.35%
    BNB
    24H : -3.35%
    Volume : $1,044,223,736.00
    Marketcap : $37,091,456,282.00
  • rippleXRP(XRP)$0.339-4.20%
    XRP
    24H : -4.20%
    Volume : $1,017,439,127.00
    Marketcap : $16,376,316,809.00
  • cardanoCardano(ADA)$0.469-3.65%
    CARDANO
    24H : -3.65%
    Volume : $680,920,392.00
    Marketcap : $15,871,333,591.00
  • solanaSolana(SOL)$35.21-8.85%
    SOLANA
    24H : -8.85%
    Volume : $1,292,222,758.00
    Marketcap : $12,075,211,521.00
  • dogecoinDogecoin(DOGE)$0.066-9.02%
    DOGECOIN
    24H : -9.02%
    Volume : $471,626,138.00
    Marketcap : $8,739,991,305.00
  • polkadotPolkadot(DOT)$7.29-6.00%
    POLKADOT
    24H : -6.00%
    Volume : $402,209,915.00
    Marketcap : $8,210,585,145.00
  • shiba-inuShiba Inu(SHIB)$0.00001000-9.95%
    SHIBA INU
    24H : -9.95%
    Volume : $474,299,873.00
    Marketcap : $5,876,487,061.00
  • avalanche-2Avalanche(AVAX)$18.22-6.07%
    AVALANCHE
    24H : -6.07%
    Volume : $482,911,212.00
    Marketcap : $5,139,140,348.00
  • terra-lunaTerra(LUNA)$0.000071-5.71%
    TERRA
    24H : -5.71%
    Volume : $134,734,814.00
    Marketcap : $768,841,921.00
TodayinCrypto.com

TodayinCrypto.com

  • Home
  • Latest News
  • YOUTUBE RECAPS
  • CONTACT US

Polygon and Wanchain have announced a strategic collaboration to deploy an Ethereum Layer-2 bridge between Polygon and Arbitrum


December 7, 2021 · By MATheGooner
Polygon (MATIC)

Wanchain has entered a strategic partnership with Polygon to create a decentralized bridge between the sidechain and Arbitrum, another Layer 2 scaling solution on Ethereum.

The planned bridge will allow transferring funds without the need to use the Ethereum mainnet and Wanchain use liquidity pools to move tokens between two networks.

The Polygon team said their planned bridge will allow transfers directly between Polygon and Arbitrum without the need to use the Ethereum mainnet in a Tuesday press release shared on a blog post.

Polygon and Arbitrum are Layer-2 blockchain protocols that integrate scaling solutions to assist bring broad adoption to the Ethereum blockchain by making transactions cheaper, faster, and more secure.

Wanchain is the only project that allows truly decentralized cross-chain transactions between isolated heterogeneous blockchain networks. Wanchain is a decentralized blockchain interoperability solution that connects the world’s isolated blockchain networks.

Bitcoin, Ethereum, Wanchain, EOSIO, Binance Smart Chain, Litecoin, XRP Ledger, Moonriver, Avalanche, and Polkadot are all supported by Wanchain’s cross-chain technology. Wanchain’s status as the world’s most advanced cross-chain solution is strengthened by the integration of Polygon’s Layer 2 bridges.

The Ethereum blockchain faces a number of issues, one of which is scalability. The gas fees rise exponentially as the network is used by more and more decentralised apps and services, and transactions expand rapidly.

Just over a week ago, nearly all participants voted in favour of a proposal to incorporate Polygon blockchain Layer-2 solutions on Uniswap, a DEX that facilitates automated Ethereum transactions, demonstrating users’ strong willingness to alleviate unacceptable scaling issues.

Gas prices have risen to unsustainable levels, depriving users of the benefits of the Ethereum ecosystem; as a result, the use of Layer-2 protocols has risen significantly.

Primary Sidebar

LATEST NEWS

SEC Chair Gary Gensler says Bitcoin is the only cryptocurrency he recognizes as a commodity

June 27, 2022

Anonymous hacker group threatens to expose Terra LUNA founder Do Kwon’s crimes

June 27, 2022

Ethereum whales have intensified their accumulation of MATIC in the past week

June 26, 2022

Cardano launches EVM sidechain application for developers to facilitate network interoperability

June 25, 2022

Charles Hoskinson proposed software-enabled crypto self-regulation to the US Congress committee

June 24, 2022

  • Facebook
  • Instagram
  • Twitter

Newsletter

Footer

ABOUT US

TodayinCrypto is a financial media brand that strives to deliver breaking, accurate and daily news about digital assets to millions of investors in the crypto industry.

We are passionate about Bitcoin and are keen to share news about the people, companies and technological developments that are changing our world.

TODAY IN CRYPTO

  • Cardano has updated its proposal to hard fork the network testnet in anticipation for the Vasil’s mainnet upgrade June 28, 2022
  • SEC Chair Gary Gensler says Bitcoin is the only cryptocurrency he recognizes as a commodity June 27, 2022
  • Anonymous hacker group threatens to expose Terra LUNA founder Do Kwon’s crimes June 27, 2022

Search

Tags

Aave (AAVE) Aleph.im (ALEPH) Arweave (AR) Avalanche (AVAX) Benchmark Protocol (MARK) Binance Coin (BNB) Bitcoin (BTC) Bondly (BONDLY) Bridge Mutual (BMI) Cardano (ADA) Celsius Network (CEL) Chainlink (LINK) Cosmos (ATOM) COTI (COTI) Decentraland (MANA) DeFi Dogecoin (DOGE) Elrond (EGLD) Enjin Coin (ENJ) Ethereum (ETH) Ethernity Chain (ERN) Fantom (FTM) Kusama (KSM) Litecoin (LTC) NFT OriginTrail (TRAC) PAID Network (PAID) PancakeSwap (CAKE) Polkadot (DOT) Polkastarter (POLS) Polygon (MATIC) SnowSwap Solana (SOL) SuperFarm (SUPER) Sushi (SUSHI) Terra (LUNA) The Graph (GRT) Theta Network (THETA) Tixl (TXL) Trustswap (SWAP) Uniswap (UNI) VeChain (VET) XRP (XRP) yearn.finance (YFI) Yield Optimization Platform & Protocol (YOP)

Copyright © 2022 · Today in Crypto · Terms & Privacy · Log in