Description
pNetwork is a decentralized finance (DeFi) platform that focuses on enabling assets and data to travel freely across blockchains. It operates as a multi-chain system, providing the infrastructure for cross-chain composability of assets and applications. The platform's core offering is its cross-chain bridges, which facilitate the transfer of crypto assets between different blockchain networks, such as Ethereum, Binance Smart Chain, EOS, and others, without the need to trust a central intermediary. pNetwork's bridges work by locking assets on the source blockchain and minting an equivalent amount of pTokens (pNetwork's tokenized assets) on the target blockchain. This mechanism ensures liquidity and seamless movement of assets across borders of separate blockchain ecosystems. Users of pNetwork can thereby participate in DeFi applications on multiple blockchains without relinquishing control of their assets or facing interoperability constraints. In addition to asset transfers, the platform aims to enable cross-chain dApps and smart contract functionalities, leveraging pNetwork nodes operated by validators for security and decentralization. This bridges the gap between various blo...
pNetwork is a decentralized finance (DeFi) platform that focuses on enabling assets and data to travel freely across blockchains. It operates as a multi-chain system, providing the infrastructure for cross-chain composability of assets and applications. The platform's core offering is its cross-chain bridges, which facilitate the transfer of crypto assets between different blockchain networks, such as Ethereum, Binance Smart Chain, EOS, and others, without the need to trust a central intermediary. pNetwork's bridges work by locking assets on the source blockchain and minting an equivalent amount of pTokens (pNetwork's tokenized assets) on the target blockchain. This mechanism ensures liquidity and seamless movement of assets across borders of separate blockchain ecosystems. Users of pNetwork can thereby participate in DeFi applications on multiple blockchains without relinquishing control of their assets or facing interoperability constraints. In addition to asset transfers, the platform aims to enable cross-chain dApps and smart contract functionalities, leveraging pNetwork nodes operated by validators for security and decentralization. This bridges the gap between various blo...