New Protocol to Enable Transfers between
Bitcoin and Ethereum Blockchains
Quote
........
The open-source technology is known as the Open Federated Gateway Protocol,
or OFGP for short. It has been developed by iBitcome and DEx.top, and the first
federated blockchain to be built using this protocol is launching on Wednesday,
Oct. 24. Known as Mallow, it is accompanied by a block explorer which enables
users to examine the flow of assets and check up on transactions whenever they
please.
<.....>
“A new digital asset trading and storage experience”
According to iBitcome, its collaboration with the DEx.top, a decentralized exchange,
provides “security and transparency” because transactions are settled on the blockchain.
The partnership also paves the way for trading on the move and through smartphones, as
the exchange can be accessed directly from the crypto wallet. The startup’s website adds
that instant transactions are possible thanks to a mechanism known as ROC – which is
short for Replayed On Chain.
.......
The open-source technology is known as the Open Federated Gateway Protocol,
or OFGP for short. It has been developed by iBitcome and DEx.top, and the first
federated blockchain to be built using this protocol is launching on Wednesday,
Oct. 24. Known as Mallow, it is accompanied by a block explorer which enables
users to examine the flow of assets and check up on transactions whenever they
please.
<.....>
“A new digital asset trading and storage experience”
According to iBitcome, its collaboration with the DEx.top, a decentralized exchange,
provides “security and transparency” because transactions are settled on the blockchain.
The partnership also paves the way for trading on the move and through smartphones, as
the exchange can be accessed directly from the crypto wallet. The startup’s website adds
that instant transactions are possible thanks to a mechanism known as ROC – which is
short for Replayed On Chain.
.......