Hello guys, today my review will be about TON Bridge. TON Bridge's objective is to improve blockchains' capacity to interact with another one. It is simply offered an extra conversion tool for converting other currencies into token models and pegged tokens that may be utilized on the TON network. This functionality is available in the Free TON ecosystem to ease the transaction and integration of digital currencies like USDT. ERC-20 tokens can be transferred to the Free TON blockchain via the TON Bridge.
To migrate assets to the TON blockchain, you'll need to use the TON Bridge. Without a doubt, the bridge is decentralized, and you have full control over it. TON, from the other side, is obviously a work in progress, and it will likely take some time before it achieves the level of smoothness and efficiency that users have come to expect from other networks. It'll be fascinating to see how will TON`s future. Basically, it's a way for applications built on the Ethereum blockchain to migrate to the TON blockchain, where they can take advantage of faster transaction rates, a scalable network, and, most importantly, cheaper transaction costs.
There are presently just a few currencies, such as USDT, that have both a private network and allow us to transfer from other networks. However, I believe that the most of these initiatives are really important, and it's wonderful that Free TON has this opportunity, therefore this project has a bright future. The transfer of TON money to the Ethereum network is done using the project's official wallet, and you'll need some TON in your account to do so; this quantity implies that all investors may utilize the service. The Free TON development team has said that it would explore shifting it to other networks that allow smart contracts, which may result in a significant increase in the size of extremely valued projects.
To put it succinctly, I think this project has an excellent future, and I am even confident in it. But of course we will see that in time. For now, TON Bridge is a developing project and I think it will evolve for a while. Here I end my review of TON Bridge, which tries its best to please its users.
I haven't been interested in this platform for a long time. But I decided to do research on this subject again. As I understand it, Octus Bridge has undergone major changes shortly after my last research. To be honest, I didn't like the old version of this platform very much, because it was too simple. But the changes made after the updates have been quite nice. The interface of the platform has completely changed, and acceleration in transactions can also be felt. At the same time, the name of the project has been changed, which may be the harbinger of a new beginning. I used to rate Octus Bridge with 4 stars, but I think its new version deserves 5 stars. I will expect much more from the project, because it has the potential to achieve it.