We are excited to announce the launch of our much-awaited multi-chain token bridging application, The TeraBlock Bridge. The completion of the TeraBlock Bridge marks an essential milestone in the progress of TeraBlock’s DeFi ecosystem.
As we focus on developing an agile DeFi ecosystem, the TeraBlock Bridge will help us facilitate multi-chain interoperability on our platform. Starting today, users will be able to move tokens across different blockchain networks using the TeraBlock Bridge.
Paving the Path For Future Collaborations
- The bridge will pave the way for future collaborations with next-gen projects in the blockchain space, helping us provide sustained value to our users.
- The TeraBlock Bridge also provides new opportunities to partner with developers and protocols building on different chains to use the bridge extension to route their assets between different networks.
The TeraBlock Bridge will help us grow our userbase while boosting our ecosystem and vision. Users will also soon be able to take advantage of our other innovative DeFi offerings, such as Farming and Staking.
Here’s the link to the TeraBlock Bridge:
https://bridge.terablock.com/bridge
Our Vision
It has been our sustained vision to build a simple, secure, and intuitive crypto ecosystem that offers multi-chain interoperability among other functionalities and allows users to retain and trade their crypto assets in a safe environment.
- The launch of the TeraBlock bridge was a significant milestone in the direction of creating a robust and utility-driven trading ecosystem.
- We strongly believe that the TeraBlock Bridge will help us realize our goal of encouraging the mass adoption of crypto-trade among novice traders and mainstream investors alike.
- With a suite of innovative DeFi products lined up for launch in the coming months, we are all set to ride the latest wave of change in finance.
The TeraBlock Bridge
As we remain committed to staying at the forefront of the global crypto drift, the TeraBlock Bridge will prove to be our most innovative product offering yet:
- The bridge leverages “cross-chain routing” technology to ensure the secure movement of tokens between different chains.
- The TeraBlock Bridge was initially built to facilitate the convenient movement of ERC 20 tokens from the ETH network to the BSC network through an intricate burn-and-mint process at the backend. However, it can now be used to move multiple tokens across multiple blockchain networks.
- The TeraBlock bridge will add a whole new layer of utility and functionality to our ecosystem. It facilitates the movement of different crypto-tokens between multiple blockchain networks.
Deemed “Well Secured” By Hacken
Global cyber security expert Hacken has thoroughly vetted the smart contract that powers the TeraBlock bridge. After a thorough analysis, Hacken has determined the contracts to be“ Well Secured” without any “critical”, “high”, or medium severity vulnerabilities.
- The audit report further states that the source code does not have any issues leading to asset loss or data manipulations.
- The report also affirms that the code is free from any issues that could potentially have a significant impact on contract execution or possibly restrict public access to crucial functions.
- The smart contract was manually reviewed and analyzed with static analysis tools. The security engineers found no issues in the code.
- We are committed to maintaining complete transparency, which includes keeping our community informed about our platform’s crucial details and particulars from time to time.
Hacken is the leading global provider of risk assessment and security solutions for projects in the crypto space. Leveraging the auditing expertise of our audit Partner Hacken, we can conclusively say that the TeraBlock Bridge is a thoroughly secured multi-chain token routing protocol that meets the highest standards of performance and security.
“Multi-chain bridges are the essential building blocks of the blockchain infrastructure. We are confident that the TeraBlock Bridge is a highly secured and utilitarian DeFi application that will set benchmarks in quality and efficiency.”
-Shivam Tandon,
CEO & Founder, TeraBlock
The TeraBlock bridge will align us even closer to our vision as we strive to build a radically decentralized trading ecosystem. In addition to the aforementioned, we are also about to launch other DeFi product offerings to facilitate Staking, Farming, NFT trade, and Crypto-learning.
