Bifrost has formed a partnership with Sperax, a PoS-based blockchain main network. Together, the two projects seek to solve the current issues in blockchain, such as, “fat protocol” and high gas fees on the Ethereum network, through Bifrost’s multichain technology.
Sperax provides a trusted infrastructure for the decentralized economy by using BFT (Byzantine Fault Tolerance) consensus and an embedded financial layer. By ensuring security using BFT-based consensus and embedded financial layer, Sperax aims to make decentralized financial services accessible to all global citizens.
Bifrost will work together with Sperax to bring solutions to the blockchain industry. The flexibility, scalability, and interoperability of Bifrost will enable Sperax and other blockchain networks to connect the future of blockchain closer to everyone. Bifrost and Sperax realize the limitations of the current blockchain, and are excited to work together to solve the present dilemmas and connect the fragmented blockchains together to build the future of decentralization.
About Bifrost
Bifrost is a middleware platform that enables developers to create Decentralized Applications (DApps) on top of multiple protocols. Bifrost is not restrained to a single Blockchain, and creates a new environment where developers can combine the best protocols. Developers are able to use Bifrost to develop a substantially more scalable and flexible DApp by selecting the target blockchain on Bifrost.
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