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Review on Symbiosis Finance by Mishel Brown

Revainrating 5 out of 5

Very strong cross-chain, waiting for the launch

A lot of blockchains are being created now, so it is very important to create an ecosystem for interacting with blockchains. One of the most important components are bridges and cross chains!



For those who don't know -- the bridge allows you to move your cryptocurrencies between compatible blockchains. For example, transfer a token from the BSC blockchain to the ERC 20 blockchain.

Cross-chain does the same thing, but it works between any blockchains, by creating long chains of exchanges.



Now it is already possible to use crosschains not only to work with coins, but also to work with nft. But so far, this feature is supported only by the Symbiosis finance cross chain and several new bridges.



I would like to ask the community how do you see the further development of cross chains and bridges? What will be the future of this technology?

Pros
  • this project has a very strong team, many well-known partners.
Cons
  • There are no downsides yet, because the project is still at the test stage

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