ChainPort Introduces Cross-Chain Support for Telos
We are pleased to announce that ChainPort’s bridge capabilities are being expanded once again. ChainPort is introducing Telos support on the bridge as a porting direction. ChainPort now moves closer to its goal of securely unifying all blockchains by adding Telos as a supported blockchain.
The ChainPort team has been working hard to add support for additional EVM and non-EVM chains, including Telos. ChainPort will announce support for more chains in the near future.
Telos is an EVM compatible 3.0 smart chain with remarkable speed and very low fees. In addition to supporting 10,000 transactions per second, the network offers near-zero transaction costs. The Telos network achieves these impressive results by using a DPoS or delegated proof-of-stake consensus model. Other popular DPoS blockchains include Tron and EOS.
Users can now port tokens from the various blockchain ecosystems ChainPort supports to Telos securely and easily. Users simply need to connect their wallets to the ChainPort app, select Telos as the destination chain, and select the source/native chain.
By integrating Telos support, the number of blockchains ChainPort supports has reached XX chains. Other chains supported by ChainPort include Ethereum, Cardano, and many EVMs. EVM support includes Avalanche, BNB Chain, Fuse, Polygon, Fantom, Aurora, and Dogechain.
While Telos was released in 2018, it recently launched EVM support, wildly growing its ecosystem. Today Telos has one of the fastest-growing communities in the Web3 industry.
Port your Web3 project’s token to Telos today with ChainPort’s assistance!
About ChainPort
ChainPort is a next-gen cross-chain bridge that provides custodian-level security with full interoperability. ChainPort introduces an unprecedented level of security architecture, porting tokens safely across blockchains with just a click.
Security is always paramount for ChainPort, and 95% of the funds are stored in cold storage wallets provided by leading industry security experts: FireBlocks MPC and Gnosis-safe multi-sig.
ChainPort is a permissionless bridge already porting more than 190 tokens between blockchains, with additional projects joining daily. Porting is done in just minutes through a friendly and straightforward UI without the need for any technical integration.
Since its launch in 2021, Chainport has managed 45,000 ports and $600,000,000 in volume. Learn more by visiting ChainPort.io or reading our documentation.
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