Multichain, Building Bridges with Syscoin
We build too many walls and not enough bridges.
-Joseph Fort Newton
Well no more, Mr. Newton.
Syscoin combines the best of Bitcoin and Ethereum together in one place. It should be understood that we are not trying to reinvent the wheel, but rather power its drivetrain to go further than it ever has before. Multichain, formerly Anyswap, is our latest partner in this endeavor.
With Multichain, Syscoin users will now be able to freely transfer assets between WBTC, DAI, USDC, USDT, TUSD, and ETH. Of course, once these bridges are crossed one could easily expand beyond to Binance Smart Chain, Polkadot, Luna, or any other major chain now accessible via Multichain’s router transformation service.
Cross-chain transfers of the aforementioned six assets can be completed with the appropriate addresses at the following site after connecting one’s wallet: https://app.multichain.org/#/router
WBTC: 0xB44a9B6905aF7c801311e8F4E76932ee959c663C
DAI: 0xeFAeeE334F0Fd1712f9a8cc375f427D9Cdd40d73
USDT: 0x922D641a426DcFFaeF11680e5358F34d97d112E1
USDC: 0x2bF9b864cdc97b08B6D79ad4663e71B8aB65c45c
TUSD: 0x461d52769884ca6235B685EF2040F47d30C94EB5
ETH: 0x7C598c96D02398d89FbCb9d41Eab3DF0C16F227D
Multichain began as Anyswap in July 2020 to service the clear need for blockchain interoperability. It is now the leader in the cross-chain field, with a rapidly expanding family of chains, twenty-seven in counting, and daily volumes well in excess of $100 million.
At Syscoin, we are built on the premise that blockchain technology will be ubiquitous and undetectable. We achieve this with Bitcoin’s security and the fully realized promise of Ethereum’s smart contract platform, which all comes together on our NEVM. Towards these ends and in order to provide additional liquidity to the Syscoin Platform, we have partnered with Multichain. Together, we will expand the reach of Syscoin and drive adoption into vast, new territory.
About Syscoin
Syscoin is a decentralized and open-source project founded in 2014 whose NEVM combines the best of Bitcoin and Ethereum in a single coordinated platform.
Bitcoin's proven security and Ethereum's Turing-complete programmability elevated to true L2 scalability via ZK-Rollups taking place on a singular platform, Syscoin, is ushering in the next step in the evolution of blockchain technology.
Website | Discord | News | Twitter | Github
About Multichain
Multichain is the ultimate Router for Web 3.0. Its infrastructure, developed for arbitrary cross-chain interactions, is laying down the groundwork needed for the realization of the next technological leap forward. Each blockchain has its own unique services that it provides, its own community and its own development ecosystem, which Multichain seeks to serve through interoperability. There is no restriction on L1s like Binance Smart Chain, Layer 2 scaling solutions such as Polygon, networks of Parachains (e.g. Moonbeam in the PolkaDot system), Bitcoin-based chains like Litecoin, or even COSMOS chains such as Terra. These are all either now integrated, or in the works. With support for all ECDSA and EdDSA encrypted chains, Multichain is almost universally applicable as an interoperable layer.
Jan 5, 2022 by Syscoin Foundation