In the world of crypto, exploits are common to exchanges, multi-chain exchange (bridge) and many hackers have bursted wallets and rob holders of the crypto assets. As adoption of crypto and Blockchain increases, different solutions emerge to manage exploits in the space and Orion Protocol with the new launch of its bridge seems to be one solutions crypto enthusiasts can leverage on.
In one of my article, I revealed the features attached to Orion Bridge and the latest developer AMA in which Andrew Marketing Manager featured one of the Dev explain the importance of Orion Bridge and other products connecting to the protocol via its terminal.
Everyone got information about Wormhole bridge $300Million exploits, in case you missed it, check out. The common thing about bridges is wrapping and minting, which opens them to flaws within different protocol and exposure them to malicious attacks.
Orion Bridge launched a solution that cancelled wrapping and minting. This seems to be a significant innovation to eliminate exploits in the space. With a user-friendly platform through Orion Bridge, users can simply swap their one L1 asset for another L1 asset immediately. In the AMA discussion, it was revealed how Peer-to-peer enables true decentralization via Orion Bridge. Read More
Orion Protocol is transitioning to Decentralized Autonomous Organization to give $ORN holders another opportunity to determine the future of Orion Protocol via voting.
The Dev revealed Wallet Swap SDK with an integration of Fantom Network in Orion Terminal which will serve as an infrastructure, bringing Orion liquidity to millions of wallet users. He also mentioned Orion Widget, an amazing product that will allow direct trading on Coingecko/CoinMarketCap.
It’s all about global accessibility. Orion Protocol will continuously bring solutions that will aid the adoption of cryptocurrency globally and making sure connecting with multiple chains to ease transactions on their terminal is one of their focus. Remember, zero fee on Orion Bridge is certain. Check through the Bridge and enjoy your transactions.
Disclaimer: I’m not a financial advisor. Take this piece of information as an educational piece and make sure you do your research.
