Making an announcement of the strategic partnership, CronaSwap has revealed it’s coming together with AnySwap. AnySwap is used as the protocol for cross-chain swapping which means all the blockchains using the EdDSA or ECDSA mechanism as a way for signing algorithm can have access to the bridge solution offered by this cross-chain protocol.
The partnership to going to be immensely useful for the interoperability and accessibility aspects related to CronaSwap. In addition, the technical evolution and development of the entire ecosystem related to CronaSwap will also get its boost through this partnership. This coming together will also help in the creation of a more inclusive decentralized system of blockchains that can exchange the data and take their significance to a higher degree of interoperability.
Developed on Cronos Chain, CronaSwap Decentralized Exchange (DEX) platform is one of the most credible names in the segment. One of its highlights is the lowest transaction fees and coupled with very low transaction cost and network speed, CronaSwap is a preferred choice of investors to swap their tokens on the Blockchain network of Cronos Chain. CronaSwap has the objective of becoming the best in the DEX segment and it’s fast developing the technology and wherewithal to attain its aim in the near future.
AnySwap has more than 750 projects in its kitty in terms of developing bridges for the cross-chain. Besides, it has also brought 21 blockchain networks to life. Such eminent credentials make AnySwap a credible project partner for CronaSwap. Experts agree that this association will help both companies to expand their market share and add more credibility to their portfolio of products and services.
Specifically, it will be important to witness how much extra growth, users, and market share this particular association will bring to the table. The issues related to scalability and interoperability continue to remain one of the stumbling blocks in the progress of blockchain technology.