No Perfect Blockchain, BIFROST Reveals A Solution

When considering the decentralized application environments, development of blockchain as an innovative service cannot be overemphasized. Decentralized Application (DApp) environment has difficulties that must be surmounted to construct its ecosystem and establish stable business service platforms.

A close look at Bifrost solutions, provided us with an effective solution when considering the choice of the mainnet protocol for a safe environment of a platform. It has also occurred that DApps have too many different requirements for blockchain mainnets. Since DApps provide different services, the system requirements can be varied, this made no single mainnet protocol to able to accept all demands.

Bifrost Solution

BIFROST solution comes with three important stages, there is no perfect blockchain, it is inefficient and risky to depend on one blockchain mainnet as a platform for solution or operation. BIFROST delivered a decentralized application that provides multiple blockchain platforms where we can compose existing qualified blockchain systems as components and restructure DApps so that they can run on the combined blockchain systems. With BIFROST, there is the deployment phase where splitting of DApps’ codes into pre-designed blockchain parts coupled with restructures of the DApps automatically. The pre-designed blockchain parts are linked together by a LINKER for effective communication with deployed components and support safe execution in the operation stage.

The overview of the above explanation amount to three stages which:

1. The development stage
2. The deployment stage
3. The operational stage

How BIFROST Benefit Technical & NonTechnical?

The crypto space is loaded with different DApps as revealed earlier, considering DeFi whereby crypto enthusiasts want to invest, be it either on the blockchain of ETH, TRON, BSC, BITCOIN e.t.c. but they lost interest due to gas fee. For example, an investor with Ethereum wants to invest in another chain must first convert the ERC-20 to best suit chain before the transaction can be completed and with a high gas fee, he settled down on Ethereum blockchain and miss out of other chain opportunities. A project owner that needs investor would settle down with a solution that connects all major chains to accommodate everyone within the ecosystem, this is solution BIFROST provided. The connection with this solution propels an investor easy access to all major blockchain and can make use of BFC (utility token) as a fee for every of the transaction easily.
Are you set to connect your wallet with a DApp and enjoy every DeFi feature, the multi-chain DeFi platform is the answer. BiFi of BIFROST.
With BiFi, there are only three steps to start enjoying the operation and recording your comfort.

Connect your wallet, Deposit your asset, and Sit back to enjoy your earning. As at the time of writing this article, BIFROST support ETH, USDT, and KLAY as a deposit asset and promise to add more asset and protocol including Bitcoin.

BiFi supports digital assets from the different blockchains without wrapped any token with BIFROST multichain protocol which reduces inconveniences and unreliable of wrapped tokens.

In conclusion, Bifrost is innovative in the sense that its solution provides the most efficient solutions to “the platform risk” problems of DApp development environments. It also has the potential to expand the horizons of DApps significantly, and will ultimately create an opportunity for the blockchain technology to be actively used by the public.
Learn More About BIFROST & BiFi
https://thebifrost.io/
https://twitter.com/bifrostio
https://medium.com/bifrost

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