The Chinese public blockchain project Nervos has announced the launch of a cross-chain bridge between it and Ethereum.
The launch of the Nervos Force Bridge was announced on December 17th. The bridge provides native support for ERC-20 tokens and smooth transfers between Ethereum and Nervos’ CKB chain.
The team claims their bridge was inspired by the Force Staff tool from the popular Dota 2 game, which allows users to force objects to move in the virtual world.
Nervos claims that its trusted architecture simplifies the steps required to perform cross-chain transfers and describes bridges other than providing “a new asset in the target chain, registering the address in Ethereum, and specifying the relationship between the transfer of.” Assets “to achieve inter-chain functionality.
In contrast, developers do not need to do any integrations to access Force Bridge, as Nervos’ Bridge only requires users to deploy the ERC-20 to initiate asset transfers. CKB’s native support for ERC-20 smart contracts does not require any further contract execution steps. Kevin Wang, Co-Founder of Nervos, said:
“Interoperability was and is a major focus of the Nervos team in developing our infrastructure to support next-generation DeFi applications.”
Ethereum users can access Force Bridge directly from their wallet. The team hopes the Ethereum developers will leverage the Nervos network to expand their DApp ecosystem and user base.
The rapid success of Ethereum in the wake of the DeFi boom in the third quarter and the launch of the Eth2 beacon chain in December has inspired many prominent blockchain projects to build bridges between their own networks and Ethereum.
On November 24th, Ava Labs unveiled its Avalanche-Ethereum Bridge, developed by ChainSafe as part of the Avalanche-X funding program. In August, PureStake received a grant from the Web3 Foundation to develop cross-chain functions between Ethereum and substrate-based smart contracts Parachain Moonbeam.
Many projects aim to establish a cross-chain architecture outside of Ethereum. Chorus One receives a grant to build a bridge between Celo and Cosmos in November.