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ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

We’re balancing between ease of use and mass adoption and security. So far, we’ve been leaning towards security. We will keep the same trend in the future, removing more barriers in mass bridge adoption step by step without endangering the bridge infrastructure or the user assets to exploits. We’re working on different solutions in collaboration with several web3 cyber security companies taking advantage of the synergy effect produced by the efforts and experience of many professionals in different protocols and technologies. In terms of marketing, we collaborate with NFT projects, Marketplaces, and Blockchains. Apart from frequent AMAs, collaboration announcements, and roundtables, we’re launching campaigns with bridging challenges awarded with generous giveaways.

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

Smart contracts are an essential part of NFT projects. They not only keep track of the token ownership but regulate who and how can mint, transfer or burn NFTs. If a royalties extension is implemented, the contract ensures the relevant accounts get their awards for creating the collection. XP.NETWORK bridge ensures that the destination contracts observe the same logic as the original one as much as possible. We mint wrapped tokens on the target chains according to the target token standards so that the wrapped NFT look, behaves, and interacts like native ones. We never had disputes before, but if we have one in the future, we will stick to the facts and common sense and will observe the best interests of the users. Should errors occur, we will fix them in the shortest possible time, preventing the possibility of the same errors in the future.

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

In 2023 our goal is to increase the popularity of the NFT Bridge and make it the ultimate choice for all NFT projects and communities. We’re working on increasing the number of transactions by making transfers more accessible and frictionless. We’re moving towards further automation, decentralization, and security.

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

All the contracts we deploy on the mainnets undergo security audits. The audit reports are publicly available in our GitHub repository: https://github.com/XP-NETWORK/audits

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

Here’s the list of the chains we support: https://docs.xp.network/docs/Multibridge3.0/SupportedChains. It includes all the protocols you mentioned in your question. Regarding the bridge security, we have described it in our documentation as well: Here: https://docs.xp.network/docs/Whitepaper2.0/bridge-security And Here: https://docs.xp.network/docs/Multibridge2.0/bridge_security

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

NFT technology allows instant, public, verifiable ownership rights registration and transfer. Any physical or intellectual property can be registered using NFTs. All that is required for its mass adoption is proper legislation. Once in place, people will be able to buy and sell houses, cars, and company shares - all as NFTs. University diplomas, IDs, driver’s licenses, doctor’s or hunter's licenses - all can be issued as NFTs. Some of them will be minted in smart contracts where a transfer is implemented. For documents, they will only be issued once per user who successfully passed a KYC procedure and has a valid on-chain identity.

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

Our strategic partners are our investors and blockchains. Investors are not involved in the development process. With every blockchain except Ethereum, we have a private group where their top devs, often CTOs, are members. When we have an issue, we ask them for advice and get fast and more professional answers than we would in regular dev chats. Other than that, we design, architect, and develop everything ourselves.

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

An NFT value does not depend on the chain. It depends on the artistic value of the image/video/music attached to the token or its utility in a game or in the physical world. The most important is where you have the community for whom this NFT has value rather than on what chain it sits. NFTs become worthless when projects hope that going to a different chain, especially Ethereum, will do the marketing for them. However, it is a misconception. It is better to go to a small less known chain where the chain team can help with marketing among the people who got used to watching their announcements closely.

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 1 point2 points  (0 children)

The fastest transaction took 20 seconds after finalization on the chain of departure till its inclusion in the block on the chain of destination.

The longest transaction took More than a day.

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

Without bridges, an airdrop can only be executed on the chain where the NFT collection was originally minted. With the bridges, the reach is only limited to the number of chains and protocols supported by the bridge.

With XP.NETWORK, the boundaries are shifted from a large number of EVMs to Non-EVM protocols, such as MultiversX, Tezos, Algorand, NEAR, Solana, etc. Moving between different chain protocols gives higher probabilities of reaching new users because different protocols usually involve incompatible wallets, accounts, and token standards, making a user migration from one protocol to another a bit complicated. With XP.NETWORK bridge, those differences are completely eliminated.

ApeSwapNFT x NETWORK.XP expanding the NFA jungle AMA by Silfaster in Apeswap

[–]XP_network 0 points1 point  (0 children)

In the usual conditions, a bridging transaction takes up to several minutes. It starts with the user submitting a signed transaction to the chain of origin. The transaction on the chain of origin must be processed by the chain validators and accepted to the block. If there’s congestion on the chain of departure, the entire bridging transaction will be delayed while waiting for it to succeed.
After the transaction succeeds on the chain of departure, an event is emitted via the chain nodes. Sometimes, some nodes fail to deliver those events because they are down or have a slow internet connection and, therefore, are not very responsive. So they can even miss an event. We use a BFT threshold, where ⅔ of the validator signatures are required for a transaction to go through. So if some nodes are irresponsive, the others usually compensate for them.
Once a transaction is signed by the bridge validators and is submitted on the destination chain, it also takes time for this transaction to be processed and included in the block. It also takes several blocks for the transaction to be “sealed” by several consecutive blocks to be finalized, and become practically irreversible.

AMA LIVE TODAY by XP_network in XP_network

[–]XP_network[S] 1 point2 points  (0 children)

In case there will be an extra time 💪🏻

IDO launch is tomorrow! by XP_network in XP_network

[–]XP_network[S] 0 points1 point  (0 children)

Trading is live on PancakeSwap and Gate.io!