Celer Network: BRC-20 cross-chain bridge will be released in two phases
Celer Network announced on social media that the BRC-20 cross-chain bridge will be released in two phases. The first phase will release a cross-chain bridge based on SGN, and according to its xAsset locking and minting model, the SGN cross-chain bridge will ensure security through PoS and Optimistic dual-mode consensus. The second phase will integrate with the intelligent ZK co-processing unit Brevis to achieve a trustless BRC-20 zkBridge, using ZKP to enhance security.
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
Over 92.3% Price Pump Await FLOKI Holders as the Memecoin Turned Altcoin Shows Strong Bullish Indicators
Monkey Tilt Raises $30M to Redefine Online Gaming with Crypto and Classic Casino Features
$47B in BTC may flow into Bitcoin L2s by 2030 — Galaxy Research
Mara Holdings raises $1B for Bitcoin acquisition, debt buyback