With blockchain networks and their relevant decentralized applications (DApps) growing at a rapid pace, there comes the question of interoperability. If a user on Ethereum (ETH) wants to use a DApp on the Binance Smart Chain (BSC), there’s no fast, cheap way to do so. Instead, the process is expensive, time-consuming, and inaccessible to new cryptocurrencies.
Considering the blockchain space is meant to be one that’s open and accessible to all, its current lack of interoperability is a massive barrier standing in the way of widespread adoption. Fortunately, there are crypto projects that recognize the importance of cross-chain interaction and are working to break down the barriers involved. One such project is forbitspace.
forbitspace brings a decentralized crypto aggregator that connects various blockchain networks for easy interoperability. The protocol currently supports Ethereum, Binance smart Chain, Polygon, Avalanche and is launching soon on Arbitrum and Optimism networks.
Essentially, users can connect their wallets to the forbitspace platform and easily trade assets between networks. Trades are almost instant and cost next to nothing as well, making them quite accessible to those looking to dip their feet in DApps across different blockchains.
By connecting their wallets, users and traders need only a wallet compatible with them across different blockchain networks on the forbitspace platform and swap assets between networks quickly and efficiently. Anyone with a smartphone and an internet connection can benefit from the financial services offered by forbitspace’s The DEX super aggregator. Transactions are near-instantaneous and cost less, making them ideal for anyone wishing to dabble in DApps across different
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