Review on Octus Bridge by Etibar Abbasov
An excellent rapidly growing project created to eliminate the problems we have in the Ethereum network today
Hello friends, the review I will write today will be about Ton Bridge. Before I do my research on Ton Bridge, I would like to say that this is a pretty incredible and excellent project. I thought that this project had the potential to change the future of the crypto world, and according to statistics, it is developing and growing at a very fast pace. I believe that we will see the results of such a rapid development in the very near future. Let's move on to the review.
Free TON has a specialized network and a distinct blockchain. Its blockchain has lower transaction costs than the ERC-20 network, and the project's innovation has been more flexible on this specialized blockchain. There are presently just a few currencies with both a specialized network and the ability to move between networks.
To deposit money into the Free TON blockchain, a single Ethereum transaction is used. You must have ERC-20 tokens in your MetaMask Ethereum wallet in order to use this feature. By selecting the cryptocurrency and entering the amount on the TON Bridge website, you may send cryptocurrency. The monies will be confirmed in your TON account a few minutes after you complete the transaction. You can access your money using your TON Crystal Wallet online wallet by following the steps above. Your costs will be considerably lowered if you do this. To transact on the TON network, users must have some TON crystal currency in their Crystal Wallet.
TON Bridge is a fantastic and creative concept that lets users or investors to effortlessly transfer assets from one network to another. When it comes to transferring your resources over both Blockchains, there can only be a seamless transition. The Bridge token provides its owner with a variety of benefits, including voting rights over administrative decisions. Investors may now move funds from the Ethereum network to the Free TON network via the TON Bridge. With minimal commissions and potential for activities such as yield farming, the Free TON cryptocurrency initiative has a promising future.
- Transactions take place at a very high speed
- Transaction fees are well below average
- We can believe that Ton Bridge was developed to eliminate our problems in the Ethereum network.
- I don't believe there is currently a disadvantage.
