Purpose and Significance of the Fractalink Bridge
The main purpose of the Fractalink Bridge is to overcome the limitations of isolated blockchain networks. Ethereum, while highly popular for decentralized applications (dApps) and DeFi, faces significant scalability issues that lead to high transaction fees and network congestion. Conversely, Fractal Bitcoin, which leverages the Bitcoin Core infrastructure, provides enhanced scalability and faster block confirmations but lacks Ethereum's robust dApp ecosystem.
Fractalink bridges this gap by allowing assets and data to move freely between the two chains. This enables users to leverage the best of both networks: Ethereum’s dApps and smart contracts, alongside Fractal Bitcoin’s scalability and lower transaction costs. The bridge is crucial for fostering innovation, cross-chain DeFi applications, and a seamless user experience across both networks.
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