This article was first published on Loom Network - Medium
Loom PlasmaChain & Loom Wallet Are Now Interoperable with Binance Chain — Bringing an ERC20–BEP2 Bridge and Smart Contract Functionality to Binance 🖇️
Recently, we launched Loom Wallet — which is a kick-ass interface to easily manage your PlasmaChain assets easily.
…and since we are in the business of making the lives of dapp developers easy peasy lemon squeezy — I got even better news for you today 😉
Just in case you are late to the party…
PlasmaChain is a universal Layer 2 hub that bridges Loom’s DPoS sidechains to Ethereum mainnet and other major blockchains, like: Cosmos, EOS, and TRON.
In other words — you are witnessing the nascent stages of PlasmaChain becoming a multichain network.
If all blockchains were peanut butter — PlasmaChain is the jelly.
Here’s the thing…
PlasmaChain doesn’t just allow faster and cheaper transactions with blazing fast confirmation times…
It makes your dapp accessible to as many users as possible — right from the beginning — with true blockchain interoperability.
…and today is your lucky day.
Because — I got even better news for you 😉
Before I get to that, let’s go over…
A Brief History of Binance Chain
Just in case you are not in the loop with what all the fine folks at Binance have been up to, let me catch you up to speed.
A while back (April 2019) — Binance launched their own proprietary blockchain called Binance Chain and started porting all of its services to its new ledger — along with a cross-blockchain token swap from Ethereum mainnet to Binance Chain.
“…As a public blockchain, Binance Chain will mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow ...
To keep reading, please go to the original article at:
Loom Network - Medium