The proposal to develop a bridge between Polkadot and Cardano networks has been submitted to Cardano, and plans are in place to submit a similar proposal to OpenGov
The development of the Polkadot and Cardano network bridge has attracted widespread attention in the community. Felix, a representative of Unifires ecosystem, revealed on the Polkadot forum that a proposal for developing a Cardano-Polkadot light client and NFT exchange bridge has been submitted to Cardano, with plans to submit similar proposals to Polkadot's decentralized governance body OpenGov. This will promote interoperability between the two major ecosystems.
Meanwhile, the Polkadot community also welcomed SnowBridge, which was launched on June 20th and connects Polkadot with Ethereum blockchain. It supports ERC20 asset transfers and plans to add arbitrary message passing and liquidity projects in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority