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Founder of Mirror, a Decentralized Content Publishing Platform, Proposes a New Approach to Cross-Chain Assets

By WebsCryptoMarch 26, 20221 Min Read
Founder of Mirror, a Decentralized Content Publishing Platform, Proposes a New Approach to Cross-Chain Assets
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Denis Nazarov, founder of the decentralized content publishing platform Mirror, issued a document proposing a new Layer 2 bridge solution, Bridge Pass.

Denis Nazarov said that the existing Layer 2 bridging solutions have drawbacks such as slowness, high handling fees, and troublesome operations, which undoubtedly raise the threshold for Layer 2 adoption, and Bridge Pass aims to make bridging more interesting and easy to use.

It is reported that Bridge Pass is inspired by gift cards and uses NFT technology. Users who need to bridge assets can purchase NFTs at the corresponding price on the Layer1 network, and the NFTs will automatically cross-chain assets to the Layer2 network during minting.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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