Bluehelix launches the initial version of MPC-based cross-chain bridging solution »CryptoNinjas

Bluehelix launches the initial version of MPC-based cross-chain bridging solution »CryptoNinjas

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Blue spiral, one Crypto asset trading technology platform, Has announced its beta version Bluehelix Bridge Solution (BBS), An MPC-based cross-chain bridge for decentralized transmission and exchange.

Currently, Bluehelix Bridge Solution (BBS) supports BTC, ETH, HECO, BSC, DOGE, Polygon, TRON, and will soon support Solana, Near, Cosmos, etc.

Beta versions of multiple public chains and projects have been released

As of August 31, there were more than 1,800 independent cross-chain addresses, more than 5,000 cross-chain access, and cross-chain access more than 10 million U.S. dollars.

Advantages of Blue Spiral

  • Fully open source and extremely easy to access: The project can directly perform cross-chain operations through the Bluehelix public chain and API without any fees. As an open source public chain, Bluehelix provides underlying support for various financial and commercial services through open API interfaces.
  • Support cross-chain native assets and deposit methods: The Bluehelix Bridge Solution (BBS) solution supports all public chains and their native assets, and does not limit recharge methods, including cross-chain recharge on centralized exchanges.
  • Safety and technology patents: At present, many cross-chain bridges on the market adopt smart contract deployment mode for cross-chain, and there are various defects in security. Bluehelix achieves complete decentralization through the patented MPC distributed key technology, and any cross-chain user assets have an independent cross-chain custody address.
  • Open and transparent: All cross-chain processes and asset transactions on Bluehelix are completely transparent, including addresses. Each cross-chain calling process can be queried on the chain and on the browser. In addition, Bluehelix also passed the audits of SlowMist and Peckshield. Its multi-layer and cross-chain custody nodes support rapid rotation and are supported by many well-known institutions.

Any project, public chain, and wallet can be cross-chain based on the Bluehelix BBS solution to achieve decentralized circulation between different ecosystems:

  • Public chain: Bluehelix supports the N*N cross-chain model, supports complete chain-to-chain data intercommunication, and helps public chains to quickly and safely introduce various ecosystems in a decentralized manner. At present, Bluehelix is ??compatible with the current mainstream public chains and all mainstream cross-chain solutions.
  • project: There are many cross-chain bridging solutions on the market, but most of the projects cannot solve the problems of high cross-chain costs and cumbersome cross-chain processes. Bluehelix Bridge Solution (BBS) helps DeFi projects achieve safe and free circulation between public chains
  • wallet: Bluehelix helps wallet users to quickly, safely and conveniently realize asset circulation between multiple public chains.

Please note that the Bluehelix Bridge Solution (BBS) is still in beta. Any individual or community can create a liquidity pool in HDEX (DEX built on Bluehelix). This feature will enhance the activeness of existing users. At the smart contract level, Bluehelix will support WASM and EVM in the future to allow rapid project deployment.

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