Multichain integrates with TomoChain under Co-mint architecture
Enhanced cross-chain interoperability, strengthened decentralization
With exhilaration we are here to pronounce Multichain’s integration with TomoChain within the framework of Co-mint. While promoting Tomochain’s cross-chain interoperability, this collaboration also seeks to improve the cross-chain experience in order to address the issues of distinct assets minted by several bridges and liquidity fragmentation.
From now on, ETH can be seamlessly transferred between TomoChain, Ethereum, BNB, CLV, Conflux, Kava and Celo.
Entry: https://bridge.multichain.org/#/router
ETH address: 0x325b5BAba7ac1cDE57FB7Ae3E0a0Ea8640486BD1
Involvement of more tokens transferable as well as chains interoperable through Multichain for TomoChain is within sight.
For the benefit of Tomochain, this integration realizes its connection and interaction with the multi-chain ecosystem in a broader sense. To a great extent will not only asset transfer become smoother and more multi-channeled, but also information and messages more flexible and mobile. Because of the straightforward approach to the Tomochain ecosystem, it opens up more Defi possibilities for developers and builders.
For users of both Tomochain and Multichain, we provide them with more cross-chain destinations and better user experience. Though co-mint, different chains minted by Co-Mint have a common name, which solves the problem of liquidity fragmentation. Users will not have confusion about token names.
In addition, we have released anyCall this May, a cross-chain message protocol. With several successful collaboration cases with other blockchains and Dapps, we are convinced that anyCall will be beneficial to the development of cross-chain Dapps on Tomochain. We are looking forward to more innovative use cases as we collaborate further.
About TomoChain:
TomoChain is a scalable blockchain-powered via Proof-of-Stake voting consensus and used commercially by companies globally. TomoChain’s mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits. TomoChain’s technology and DeFi-focused flagship products include:
- Fast & Near-Zero Fees: 2000 TPS, 2-second block time, ~$0 gas fees, and EVM compatibility.
- An array of original features and protocols is designed to support speed, privacy, usability, and liquidity needs all in one platform.
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About Multichain
On July 20th, 2020, Multichain was born as Anyswap to address the clear need for distinct and diverse blockchains to communicate with one another. Multichain promotes interoperability across different networks and actualizes smooth asset and value transfers as a cross-chain architecture. Multichain is the leader in the cross-chain sector, with a constantly growing family of non-EVM and EVM chains (currently 56).
