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Expanding Blockchain Integration and Interoperability

July 26, 2024
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Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

  • Sui Bridge enhances cross-chain integration and interoperability for Sui Network.
  • Sui Foundation integrates AWS Blockchain Node Runners to improve Sui infrastructure.

Sui Bridge has experienced substantial growth in recent months. This advancement not only broadens the reach of Sui-based apps, but it also provides stronger connectivity with the larger blockchain ecosystem.

It has four major components: the bridge committee or node network, smart contracts, the full nodes that run on Ethereum and Sui, and the bridge client.

Have you tried Sui Bridge on Testnet? Never even *heard* of Sui’s native bridge?

Whatever your experience with the protocol, the moment is right for a deep dive on Sui Bridge’s architecture and its defining features.

Over the past few months, Sui Bridge has seen significant… pic.twitter.com/xJq0GYTfuW

— Sui (@SuiNetwork) July 22, 2024

Efficient and Secure Cross-Chain Connectivity with Sui Bridge

To keep gas prices low, it creates lightweight messages that the recipient chain can readily interpret. This simplified design minimizes complexity and computational overhead.

Sui Bridge, as a native bridge, makes use of the same node operators that secure Sui, resulting in a decentralized network of node operators that is extremely capable of running and protecting Sui infrastructure. This design ensures that the bridge is both efficient and secure.

The bridge not only provides a secure and efficient mechanism to move assets, but it also lays the framework for more advanced cross-chain exchanges, a huge step forward in Sui interoperability.

See also  Everyrealm unveils Everyworld, a blockchain discovery and rewarded ads protocol 

Sui Bridge will be available on Mainnet, providing users with a sturdy and dynamic bridge that satisfies current expectations while anticipating future needs.

On the other hand, CNF has reported that the Sui Foundation, which is dedicated to the promotion and adoption of the Sui Network, has announced the integration of Blockchain Node Runners by Amazon Web Services (AWS).

This integration aims to strengthen the infrastructure that supports Sui, ensuring that it remains scalable and efficient.

As of this writing, SUI is trading at roughly $0,797, down 2.77% over the last 24 hours. This dip is part of a larger trend, as SUI has slid from its local high in the last seven days. Despite this drop, there are still bullish sentiments surrounding the token.

Previously, we highlighted a bullish outlook for SUI, and crypto analyst Captain Faibik predicts tremendous bullish potential for the cryptocurrency. Faibik predicts a significant increase of around 209% following a breakthrough from a falling wedge formation.

Tags: BlockchainExpandingIntegrationInteroperability

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