XP Network To Build The First Elrond and Polkadot Bridge For Multi-Chain NFT dApps Deployment

XP Network To Build The First Elrond and Polkadot Bridge For Multi-Chain NFT dApps Deployment. XP Network is developing a platform that enables anyone to build Non-fungible token dApps on multiple chains.

XP Netwrork design will allow for applications to be built using a no-code graphical interface and then easily deployed or migrated to multiple chains, such as Ethereum, Polkadot, BSC, Facebook’s Diem, and Elrond.

About Elrond

Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

About XP Network

XP.network is a no-code NFT dApps creation platform. It allows creating an NFT marketplace, a lending app that uses NFTs as collateral, and much more. Launch NFT dApps on several blockchains or migrate it from one to another: all without writing a single line of code. XP.network is a Polkadot parachain, which means full interoperability plus cheap and fast transactions. XP.network will support 10+ blockchains, including Ethereum, Diem by Facebook, BSC, Binance, Solana, and Elrond.

➡️Source:
https://elrond.com/blog/elrond-bridge-polkadot-xpnetwork-nft-dapps/