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  • 30d volume:$303.26B
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Allbridge Core

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News

SpaceX Drops AMD in Favor of Nvidia for AI Projects

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SpaceX announced it will exclusively use Nvidia chips for AI projects, dropping AMD, during a quarterly earnings call on August 4, 2023.
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David Robinson

Trump Asserts US Dominance Over Strait of Hormuz Amid Tensions

Trump Asserts US Dominance Over Strait of Hormuz Amid Tensions

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US President Donald Trump claims total US control over the Strait of Hormuz amid tensions with Iran, despite a significant drop in maritime traffic.
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Andrew Smith

Crypto Market Faces Layoffs and Shifts in Investment Trends

Crypto Market Faces Layoffs and Shifts in Investment Trends

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The crypto market is currently facing significant layoffs, with firms like Coinbase and FalconX reducing their workforce. Retail investors are increasingly shifting their focus from cryptocurrencies to sports betting platforms and AI stocks.
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Zainab Kamara

What is Allbridge Core?

Allbridge Core offers a native stablecoin bonding experience, enabling seamless exchanges between EVM and non-EVM blockchains. At launch, the protocol supports the Ethereum, BNB Chain, Tron and Solana networks. In the future, the decision to add a new chain and tokens will be made by the DAO participants, consisting of liquidity providers.

Allbridge Core

Allbridge Core — a simple, modern and reliable way to transfer assets between different networks. It is a bridge between EVM blockchains (such as Ethereum, Polygon, BSC) and non-EVM blockchains (such as Solana, Terra) that aims to embrace L2 solutions (such as Arbitrum, Optimism) and NFT transfers in the future.

Each transfer includes 2 transactions: one from the source blockchain and the second in the destination chain. In the case of Allbridge, the transaction takes exactly as long as it takes for this block chain to confirm it.

If the confirmation rate is fast enough, the transfer can be completed almost instantly.AllbridgeCore

Allbridge supports several different transfer types. Users can send Native tokens and receive Native or Wrapped tokens on the target blockchain. They can also send wrapped tokens from the source chain and receive their own or wrapped tokens on the destination chain. The dynamic fee system allows Allbridge stakers to reduce the cost they pay for asset transfers.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.