IMPORTANCE OF CENTAUR FINANCE IN THE MULTICHAIN FUTURE

in centaurchain •  3 years ago 

Blockchain world is changing, new protocols are coming out every day, new ideas, new ways of working, new networks are added to this revolution and people want to cover the largest number of working areas within this revolution that is giving the world a reliable alternative in the field of digital finances. It is like watching the Universe on a large scale; everything needs to be interconnected or to be more precisely we need an environment similar to the electrical diagrams of a human brain where everything is connected. This is the way we need the Blockchain world and Cryptocurrencies; everything should be interconnected.

A Blockchain network cannot be isolated from others because it has a negative impact on working methods. It basically impacts the time and money we spend moving assets from one network to another going through several protocols both centralized and decentralized. We don't need multiple operations; we need only one operation to pass a digital asset from one network to another. Here we see how important programming and communication are in Blockchain protocols because they must be designed and structured in such a way that they allow direct communication between them. Obviously the first protocols lack this feature but with time they have been updating; in other side, new protocols are able to face a multi-chain universe that grows up as Blockchain evolves.

CENTAUR FINANCE decides to go a step further to be at the forefront of a multi-chain movement by developing a fully functional ecosystem that solves the most common problems in the world of Cryptocurrencies. In order to make a difference, you must offer truly useful products that can be defined by their innovation within decentralized field, but at the same time you must keep in mind that people come from a centralized financial life and you must find a way to balance these two fields. This only can be reaches by giving people and institutions working tools in the area of centralized finance to make possible a massive inclusion towards the world of Cryptocurrencies.

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It is impressive how CENTAUR FINANCE and the team behind it have known how to identify these weak points in the current development stages of Blockchain in order to build an ecosystem with endless tools so people, institutions and companies have a place within Blockchain. One of the most important features still in development and that will be one of the most important within the ecosystem is CENTAUR BRIDGE. In stages where the future is imminently running towards Multi-Chain working areas, this CENTAUR FINANCE tool seems to be the key for the future.

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Existing Bridges are designed to be compatible with Ethereum Virtual Machine EVM, so we can recognize here a weak point because of the limitations of reaching others protocols outside Ethereum but with the addition of COSMOS IBC in Centaur Bridge, Centaur Finance's mainnet will be a very inclusive ecosystem.

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Cosmos Inter-Blockchain Communication Protocol is known as a communication protocol for different networks. This will allow direct communication and economic integration of CENTAUR CHAIN with other protocols within the COSMOS ecosystem through Centaur Bridge. This feature automatically brings scalability and great growth opportunities to the Centaur ecosystem by encompassing operations within the two largest Blockchains today.

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Centaur Bridge will be running on the main Centaur Finance network and will work as the interface between Centaur Chain and other protocols allowing CNTR token holders to exchange crypto assets between these ecosystems.
Here we can clearly see a very innovative feature that will place CENTAUR FINANCE at the center of a multi-chain trending that grows every day within the evolving path of BlockChain and Cryptocurrencies. Crypto-enthusiasts and institutions can find here at CENTAUR FINANCE a whole ecosystem with a lot of centralized and decentralized products and services for digital finances that will help them to work in a faster and more effective way.

https://cntr.finance/
https://twitter.com/OfficialCentaur
https://t.me/OfficialCentaur
https://medium.com/centaur
https://docs.cntr.finance/

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