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Review on Octus Bridge by Syed Adnan

Revainrating 4 out of 5

How effective is TON Bridge at this time?

FreeTON has almost certainly been in the spotlight during the last several days. As a consequence of its cheap transaction fees and fast processing times, as well as its similarity to other well-known networks, it is growing in popularity. It will improve the collaboration between the Ethereum and TON communities by helping attract new investors to the TON ecosystem. Interoperability will be made easier via the ETH-TON bridge. The solution will be more helpful and widely accepted due to this change.



You will need to utilize the TON Bridge in order to move assets to the TON blockchain. The bridge is, without a doubt, decentralized, and you have complete control over it. TON, on the other hand, is clearly a work in progress, and it is anticipated to take some time before it achieves the smoothness and efficiency that users have come to expect when working on other networks. For TON, it is essentially a race against time and against Ethereum, and it will be interesting to watch how they deal with the pressure.



Overall, it is a method for projects that were previously developed on the Ethereum blockchain to move to the TON blockchain, where they may benefit from quicker transaction speeds, a scalable network, and, most crucially, lower transaction costs.



So, How effective is TON Bridge at this time?

Those who want to use their ETH-based asset on TON network can use it freely as it works smoothly without any problem.

Updated 2 years ago
Rating has not been changed

Octus Bridge offers a high throughput and EVM functionality, and it supports Polygon, Fantom, Ethereum, and BSC, plus a handful of native dApps. The Bridge is the most convenient way to transfer Ethereum ERC-20 tokens. The Octus Bridge, like the other Bridges, may be accessed using MetaMask. It transfers tokens through liquidity markets and has gained prominence because to its fast deposits and withdrawals. Depositing and withdrawing funds from the bridge usually takes less than a minute. NFTs, on the other hand, cannot be brought into the network.

Pros
  • It is capable of getting the maximum benefits of TON network effects.
  • It has the natural advantage of being more secure.
  • A more open and forceful approach is used.
Cons
  • It would be nice if it could support some more networks.