NerveNetwork Builds Crosschain Bridge for REI Network Community
What is NerveNetwork
NerveNetwork, established in 2019, is a decentralized digital asset service network developed using NULS ChainBox technology. It aims to break the isolated value islands of the blockchain by establishing a network suitable for multichain asset interaction and providing underlying support for the DeFi application ecosystem. The partnership between NerveNetwork and REI Network brings crosschain support to all REI ecosystem projects.
NerveNetwork Partnered with REI Network to Bring Crosschain Support to REI Community
NerveNetwork joined the journey with REI Network to bring crosschain support to all REI ecosystem projects.
NerveNetwork integrated REI Network on Apr17, 2023. The integration brought a new crosschain solution to REI Network projects. Beside the bridge, NerveNetwork has also supported REI Network on its other products : NerevFarm, and NerveSwap.
As a crosschain protocol serving the REI Network, NerveNetwork offers several reasons why users and projects should choose it as their crosschain solution:
- Stability
The NerveNetwork mainnet has been operating steadily for three years since its launch in 2020.
2. Decentralized crosschain solution
NerveBridge offers a completely decentralized crosschain solution, eliminating the need for crosschain channels through centralized exchanges. Compared to bridges relying on centralized exchanges, NerveBridge provides faster reactions and a better bridging experience. All transactions can be tracked on a blockchain explorer.
3. A crosschain ecosystem with full suites of products
NerveNetwork offers various products:
- NerveBridge
- NerveSwap
- NerveFarm
- SwapBox
- ParaBox
With support for 24 blockchains, NerveNetwork focuses on building underlying infrastructure and provides self-sufficient liquidity on NerveSwap, offering users a unique crosschain-swap experience. SwapBox, a multichain liquidity aggregator, enables different types of transactions, such as on-chain swaps, crosschain swaps, and stablecoin swaps.
4. Blockchain-level security
NerveNetwork is a POCBFT blockchain secured by virtual bank nodes with multi-signature protection. By implementing security measures at the blockchain level, rather than relying on a smart contract engine, NerveNetwork mitigates the risk of hacking and exploitation.
5. A gas-free blockchain with high TPS
NerveNetwork is gas-free blockchain, meaning that any transactions inside the network process with 0 gas. When bridge tokens, no extra gas will be charged. Fast confirmation: Nerve’s BFTPOC consensus algorithm empowers the mainnet reaches a block speed of 2 seconds.
6. Backed by top-industrial firm to increase the security level
Network’s virtual bank nodes are currently secured by industrial leaders such as OKX Chain. Additionally, the NerveNetwork virtual bank nodes are open to the community, allowing anyone to join as a node and contribute to the network’s security.
About REI Network
REI Network was developed to better adapt to the development trend of the blockchain, and to achieve a lightweight, Ethereum compatible, higher performance, and no fee blockchain framework.
