Review on Octus Bridge by Adedamola Adeniji
TON Bridge serves as a Linker to the Ethereum blockchain and others Facilitating a Seamless communication and creating a globally linked community
TON Bridge is designed by Broxus to link protocols of the Ethereum blockchain with that of free TON. This linkage as given Crypto currency investors the opportunity to manage and store their funds making use of Free TON Bridge while transferring their funds from one network to another.
To make this frictionless, a Bridge token is in place that will run the administrative decentralized autonomous organization. Another major advantage with bridge is voting right granted to users for certain administrative decisions as it concerns the Free TON Bridge. Your amount own will determine your influence in such decision, However users with at least 2 percent of the available unit in the market and in circulation are empowered to make suggestion for change.
Aside been part of the decision makers Bridge token allows users to become an active part of the network with 100 thousand Bridge can bridge validator that is a node of the Network the gives the needed liquidity for operation to function.
A decentralized TON Bridge could also be seen as an analogue of a decentralized bank from the business model approach on the Free TON ecosystem.
My personal experience with the Free TON Crystal Wallet has given me the audacity to encourage everyone to use it and it's other features like TON Bridge.
- Free TON Bridge is fast and communicates seamlessly with ETH network.
- It is very cheap to use with little fee
- It gives decision making power to token others.
- Very safe and secure.
- Free TON Bridge is relatively new. Hence no track record yet.
