Lamden Link: Lamden’s Bridge to the Blockverse
Introducing Lamden Link!
Blockchain has dominated the technology space for the last decade just like the internet has done for the past two decades. Blockchain provides a secure and fast means of carrying out transactions with the use of impossible to hack ledger technology. Blockchain technology continues to grow both in popularity and usage as many industries are starting to accept it as a reality.
The benefits of blockchain technology cannot be overemphasized with quite a number of industries already implementing blockchain solutions ranging from finance, health, service etc. However, business implementation of blockchain technology is still quite difficult and this leaves a gap between businesses and decentralized technologies. There are many challenges that enterprises face when trying to adopt public and private blockchain technologies.
This is where the Lamden blockchain comes in handy. Lamden is a blockchain built with python. It’s open source, cheap and fast to use. It supports python contracts that are easy to write and test. That means Developers who already know python don’t have to learn any new programming languages or workflows. With Lamden, everything is open-source. You can re-use functionality that others have built into their smart contracts. This means you can build smart contracts faster with Lamden.
Lamden has been around since 2018, and having launched their Mainnet in September 2020, the team has been able to spur the community run DEX Rocketswap, an NFT minting and marketing place pixelwhale.io and a NFT based game Underground Warriors which is still under active development.
Our blockchain basically focuses on the needs of our:
- Users/Investors
- Developers
Lamden Link, which enables interoperability, is a two-way bridge built to convert ERC20 tokens from the Ethereum blockchain to the Lamden blockchain and back again.
You might want to ask what the Lamden Link is all about. What is an Ethereum bridge, or more precisely what is a Lamden-Ethereum Bridge? As the name implies it allows movement of ERC20 tokens between two chains. So tokens can flow across to be used within the Lamden ecosystem. This includes Wrapped Ethereum Token (WETH) which is the first to launch and effectively bridges Ethereum’s value to the Lamden ecosystem.
Lamden Link is very important because currently Ethereum has a lot of dapps being built on it which means a larger market capitalization for Ethereum tokens and this bridge allows these dapps and tokens to be able to easily migrate to the Lamden chain to enjoy lower gas fees, fast transactions and listing on the blazingly fast Rocketswap DEX.
The Future Of Lamden Link
Lamden Link is launching with Wrapped Ethereum Token (WETH) but will add more ERC20 tokens including stable-coins in the near future.
More chains will be added to the bridge as time goes by with the devs already working on that possibility.
Visit here https://www.lamdenlink.com
