ChainPort (PORT)

From CryptoWiki

Revision as of 08:48, 23 January 2022 by 5imp5on (talk | contribs) (1 revision imported)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Basics

"ChainPort is a platform operating a multichain bridge for moving ERC20-compatible tokens between the supported blockchains. They are custodial, secured by external validators and permissionless for porting."

History

Audits & Exploits

"Its smart contracts have been audited by CertiK and CyberUnit Technologies, and are monitored non-stop with the help of the CertiK Skynet tool."

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].

Implementations

  • Built on: Ethereum
  • Programming language used:

Transaction Details

How it works

Fees

"Currently, cross-chain token transfers via ChainPort incur no fees beyond the transaction costs of sending and claiming tokens on the blockchains involved. However, this will change soon with the introduction of the platform’s PORT utility token. Users will then have the choice between paying 0.3% of the transfer value in the bridged token or 0.2% in PORT."

Upgrades

Mining

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].
  • From a Fuse blog (17-12-2021):

"Currently, the ChainPort protocol only supports tokens that originate on the Ethereum mainnet. ChainPort is planning to extend the protocol to the native tokens of other integrated chains soon. ChainPort is also working on introducing additional functionalities, including private bridges for businesses and NFT support."

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

"ChainPort is developed and managed by Dcentralab (previously, 2key Labs). Other blockchain projects by the blockchain solutions company include 2key Network, Hord, and Tokensfarm."

Funding

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31