Bifrost

Bifrost

BFC
$0.071290029%1.83

Key Metrics

Price$0.071290029
Real Volume (24H)$476,671.3
Marketcap$98,853,503.69
Fully Diluted Valuation$100,000,000
ATH$0.778815
ATH Date8/19/2021, 3:15:06 AM
ATL$0.01634183
ATL Date1/3/2021, 8:20:35 AM
Circulating Supply1.1B
Total Supply2.4B
WebsiteN/A
WhitepaperN/A
Popularity Rank485
Chart
What is Bifrost?

Bifrost (BFC) is a multi-chain interface platform that aims to make it easy for developers to work with multiple blockchain protocols. The platform currently supports Ethereum, Tron, Metadium, and Bitcoin, with plans to add more protocols in the future. The Bifrost platform functions at the smart contract level, which means it is able to interact directly with the underlying protocols of the blockchain, providing developers with a high degree of flexibility and control.

One of the key benefits of the Bifrost platform is its scalability. The network is designed to work seamlessly across multiple blockchains, allowing users to take advantage of the features of each blockchain without any additional overhead. This makes it easy for developers to create decentralized applications (dApps) that can operate across multiple blockchains.

The Bifrost platform also offers a high degree of interoperability, meaning it allows users to create services that can easily interact with other platforms and services. This is achieved through the use of Bifrost Linkers, which act as relaying representatives that help to connect different parts of a dApp and facilitate cross-functional linkages.

Bifrost also provides a full suite of developer tools, including a monitoring function and client services such as wallets. This allows developers to easily create and deploy dApps on the Bifrost platform.

BFC is the native token of the Bifrost platform, and it serves as the platform-wide token that allows any dApp in the platform to use it. The platform-wide token system provides an integrated mechanism for controlling different parts of a dApp.

The Bifrost platform was founded by Dohyun Pak, JongHyup Lee, and Changhyun Yoo. Dohyun Pak serves as the CEO, JongHyup Lee as CTO, and Changhyun Yoo as COO. The total supply of BFC tokens is 4,000,000,000.

In conclusion, Bifrost (BFC) is a multi-chain interface platform that makes it easy for developers to work with multiple blockchain protocols. The platform offers a high degree of scalability, interoperability, and flexibility, making it an ideal choice for businesses and individuals looking to develop dApps that can operate across multiple blockchains. The platform also provides a full suite of developer tools, making it easy for developers to create and deploy dApps on the Bifrost platform. The platform's founders have a deep understanding of blockchain technology and they have a clear vision to improve the current blockchain infrastructure and create a more decentralized and interoperable ecosystem.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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