Dragonchain - Connecting ERC20 token projects with NEP-5 token projects, such as BiocryptsteemCreated with Sketch.

in #cryptocurrency6 years ago

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Back in January, a Huffington Post article mentioned to “think of Dragonchain is a catalyst for dozens upon dozens of other disruptive blockchain platforms, making the tools easier and more accessible to developers and innovative minds.”

With the amazing progress both the Ethereum and NEO ecosystems have been achieving, we wish to make Ethereum tools easier and accessible to NEP-5 token projects and NEO tools easier and accessible to ERC20 token projects.

The Ethereum Interchain (Roadmap Goal June 2018) and the NEO Interchain (Roadmap Goal August 2018) will allow businesses to create Dragonchain blockchains to interchain between the private the Dragonchain net, the Ethereum mainnet, AND/or the NEO mainnet. It’s really up to the user.

What is the Interchain Smart Contract?

The Interchain Smart Contract watches a blockchain of the user’s choice (e.g., Ethereum or NEO) for incoming transactions or fire smart contracts on Dragonchain or another public blockchain. The Interchain would then move tokens or currency on other chains and use a public chain for transparent processing of selective parts of the user’s business logic.

In a recent interview, Biocrypt announced they will switch to utilize the NEO mainnet. We are excited for Biocrypt to use our Currency Library Smart Contract to switch over to an NEP-5 token and interchain with the NEO mainnet, all the while still utilizing Dragonchain as the foundation for its blockchain.

With our Initial Interchain Development (Roadmap Goal May 2018) already used and tested thoroughly with real transactions on Dragonchain business logic and then interchained with the Ethereum mainnet, we see no issues in reaching these goals to provide turnkey scalable interchaining solutions and create an environment for our clients to have access to any mainnet and blockchain solution being created now, and in the future, without limitation. All “blockchains” are welcome.

ETC and BTC are also on the roadmap for Dragonchain to interchain with. What blockchain would you like to see us interchain with next?

https://medium.com/@dragonchain/a-neo-way-to-dragonchain-4bd8864fbc9e

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin8331.560$-2.08%-10.7%
DRGNDragonchain0.787$-5.81%-19.45%
ETCEthereum Classic17.587$-4.04%-18.62%
ETHEthereum703.865$-0.66%-6.77%
NEONEO61.553$-2.81%-19.14%

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