Latest Multichain updates on March 28th

MultichainOrg is a cryptocurrency project that has recently achieved a major milestone of reaching a $100 Billion Cross-chain Trade Volume. Recently, the project has integrated with zksync, to witness money rapidly flowing into the Era shortly after the integration. They congratulate 0xPolygonLabs for their successful launch of the Polygon #zkEVM mainnet beta, and have partnered with @horizenglobal for their new #EVM compatible sidechain #HorizenEON. Additionally, they have partnered with @PlanqFoundation to enable the cross-chain interoperability of assets including $PLQ. As of March 27th, the numbers of $ARB staking changed rapidly and users can now bridge between the XRPL and the new IBC compatible layer-1. Finally, they have partnered with @ZigZagExchange and @argentHQ to enable P2P trading via zkRollup on the @zksync Era.

What is Multichain ?

Multichain is an innovative new protocol designed to provide a secure and efficient way of routing data across multiple blockchains. This technology is a game-changer for businesses and organizations that must manage and transact with multiple blockchains. Multichain helps to streamline the process of conducting transactions between different blockchains, making it easier and more secure for users to do business across multiple networks.

The Multichain protocol is based on the principle of cross-chain communication. Cross-chain communication is the process of communicating and exchanging data between two different blockchains. With Multichain, users can securely route data from one blockchain to another, enabling them to interact with multiple blockchains and exchange data between them. This opens up the possibility of creating new applications and services, as well as providing a secure way for users to exchange data across multiple networks.

Multichain also provides a secure and reliable platform for businesses and organizations to manage and transact with multiple blockchains. By using the Multichain protocol, businesses and organizations can securely send and receive data across multiple blockchains. This allows them to create applications and services that can interact with multiple blockchains, while also providing a secure and reliable way to transact with multiple networks.

Multichain is a revolutionary new protocol that has the potential to revolutionize the way businesses and organizations transact and manage data across multiple blockchains. By providing a secure and reliable platform for cross-chain communication, Multichain makes it easier and more secure for users to do business across multiple networks. This opens up the possibility of creating new applications and services, as well as providing a secure and reliable way for users to transact with multiple networks.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.