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waldo77

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waldo77

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Thursday, 04/28/2022 9:14:41 AM

Thursday, April 28, 2022 9:14:41 AM

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Flare to develop Bitcoin bridge for Algorand
https://cryptoslate.com/flare-announces-development-of-bitcoin-bridge-for-algorand/

The Algorand Foundation has partnered with Flare Network, a Layer 1 protocol to develop a Bitcoin bridge.

'...Flare announced details of the partnership in a tweet disclosing the four main tenants of the partnership: to safely deliver #Bitcoin to Algorand, to engineer a $BTC FAsset, to integrate consensus to enhance bridge security, and receipt of a 7 figure Supagrant from Algorand...'

'...The bridge being built by Flare for Algorand is one such example. It will enable secure, trustless interoperability between ALGO and BTC, plus other non-smart contract tokens such as DOGE, LTC, XRP, and XLM...'
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