Bifrost

Bifrost Network is a layer 1 blockchain platform compatible with Ethereum Virtual Machine (EVM) and aims to facilitate interoperability, bridging the gap between Web3 and Web2 users. With cutting-edge cross-chain features, Bifrost efficiently links various blockchain systems, including the Bitcoin Network, allowing decentralized applications (DApps) to tap into a diverse collection of cryptocurrencies from any of the supported blockchains. The network enhances interoperability by enabling the use of native Bitcoin in DeFi services. BTCFi is an asset management solution that employs the Bifrost Network to offer a multitude of applications for native Bitcoins.

Bifrost Network distinguishes itself with its emphasis on cross-chain capabilities, offering a platform where decentralized applications (DApps) can function within a multi-chain ecosystem. The standout features that enable Bifrost Network to support operations across various networks include:


Cross-Chain Communication Protocol (CCCP) The Cross-Chain Communication Protocol (CCCP) is essential to Bifrost Network, acting as the bridge connecting all networks. CCCP guarantees secure and swift inter-network messaging by using Bifrost Network's nodes, which include Full-nodes and Relayers. This protocol allows direct connections across all platforms, such as the Bitcoin network, EVM, and non-EVM networks, utilizing its unique Cross-chain Communication Protocol.


Built-in Oracle Bifrost Network has an integrated oracle that provides precise and timely off-chain data. By not depending on external oracles, it maintains consistency and lowers operational costs by minimizing oracle-related expenses.