Introducing Kinetex’s BTCX: The Bitcoin to Ethereum Bridge built with Succinct
Kinetex is proud to announce BTCX, a Bitcoin ZK light client built together with Succinct Labs!
The emergence of new ideas, projects, and tokens on a daily basis is leading to exceptional growth in the field of blockchain technology. However, the cryptocurrency industry is still in its early stages and is facing various challenges.
One such challenge is the need for more seamless communication between Bitcoin and Ethereum networks. BTC and ETH dominate the crypto market but lack established means of interaction. Kinetex and Succinct Labs are ready to change that. Their innovative solution will help make cross-chain transactions more convenient, secure, and advantageous cost-wise.
This solution will be actively used in Flash Trade, Kinetex's upcoming second mode of the Kinetex dApp, to achieve and sustain enhanced security, efficiency, and decentralization for cross-chain swaps across the blockchain ecosystem. Consequently, Kinetex users will benefit from ultra-fast transaction execution, low fees, favorable rates, and a simplified swap process.
To learn more about this transformative Bitcoin solution, visit the Kinetex blog.
Try swapping with Kinetex dApp!