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XP.NETWORK’s NFT Cross-Chain Bridge Goes Live On VeChain

Twitter icon  •  Published 4 years ago on August 3, 2022  •  Hassan Maishera

The VeChain team announced via a blog post on Tuesday that XP.NETWORK’s NFT cross-chain bridge is now live on its blockchain.

XP.NETWORK’s NFT Cross-Chain Bridge Goes Live On VeChain

The VeChain team announced via a blog post on Tuesday that XP.NETWORK’s NFT cross-chain bridge is now live on its blockchain. XP.NETWORK is creating the solutions to turn the growing NFT market into an accessible and easy-to-use place. Thanks to this latest development, NFT builders on the VeChain network can take their projects to other blockchains, including Ethereum, Cardano, Solana, and more. 

VeChain Thor (VET) is a blockchain with the posited goal of solving real-world economic problems. VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities. VET is down by more than 7% so far today and is currently trading at $0.02300.

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Author

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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