Bluehelix Bridge Surpassed $10,000,000 Cross-Chain Transactions

Bluehelix Bridge, the largest MPC-based decentralized cross-chain bridge, revealed that since its launch,the number of independent user cross-chain addresses has reached 1,800, cross-chain deposits and withdrawals transaction amount has exceeded 5,000 times, and the cross-chain volume has exceeded 10 million USD. And all transactions are transparent and verifiable on the blockchain explorer. To celebrate this milestone, Bluehelix Bridge launched a series of “Surprise Blind Box Rewards” for cross-chain users.

“Surprise blind boxes giveaway for cross-chain deposit and withdrawal” activity is currently active.

During the event, participants who use Bluehelix Bridge completed any cross-chain transaction (deposit and withdrawal) among any chains in Bluehelix Wallet and the single deposit value is equal to or greater than 100 USDT worth of value will have a chance to get 1 surprise blind box reward from 1 USDT to 100 USDT.

About Bluehelix Bridge
The Bluehelix Bridge is based on Bluehelix’s proprietary private key sharding technology, which uses a distributed multi-signature mechanism for generating and managing addresses and private keys. can generate a muti-sig address to the targeted chains and deposit to the custodial address from anywhere. Bluehelix Bridge is more decentralized than RenVM which uses similar technology. The cross-chain process doesn’t issue any new assets and all information is completely transparent on the chain.

Bluehelix Bridge can support cross-chain on heterogeneous chain and homogeneous chain ecosystems,and it can be fully compatible with various cross-chain technologies and standards.The Bluehelix Bridge functions similarly to a blockchain ecosystem transportation network, allowing project partners, public chains, wallets, and other entities to achieve effective cross-chain asset transactions and create decentralized circulation among various ecosystems.

Supported public chains: Bitcoin, Ethereum, HECO, Tron Network, Binance Smart Chain(BSC), DOGE and Polygon.

Supported cross-chain assets: AAVE,BNB,BTC,COMP,DOGE,ETH,HBC,HT,LINK,MATIC,SUSHI,TRX,UNI,USDC, and USDT.

Deposit your cross-chain assets from CEX or DEX or Wallets
Bluehelix Bridge is the only decentralized cross-chain bridge that does not limit deposit methods in the market. Users can direct deposit/withdrawal cross-chain assets from/to centralised exchange, DEX or wallets.

Native assets cross-chain
Unlike the mainstream cross-chain Bridge in the market based on Pegging/Wrapping assets to realise cross-chain, Bluehelix Bridge supports the cross-chain of native assets on different public chains and eliminate issuing any new or peg/wrap assets, making better user experience and minimize any potential risk.

No Smart Contracts Deployment
The major cross-chain bridge solutions on the market use the method of deploying smart contracts on the different public chains, which bring numerous security problems. Hackers would exploit business logic vulnerabilities in smart contracts.

Bluehelix Bridge implements Multi-Party Computing(MPC) technology and users have a multi-sig custodial address on the corresponding chain,avoiding the deployment of smart contracts on the chain.

Three-layer node verification, fully audited
Bluehelix Bridge implements three-layer node verification, and is fully audited by Peckshield and SlowMist. The Bluehelix bridge is based on distributed key technology and manages private keys through the joint collaboration and consensus of verification nodes. The cross-chain transaction of any asset requires at least 2/3 of the signature of the custodial node and the complete signature needs the confirmation of all nodes participating in the consensus. These nodes are all operated by third-party authorities such as Peckshield, SlowMist and other well-known security companies and large companies in the industry. At the same time, during the entire private key generation and signature process of the Bluehelix Bridge, the parameters used each time are randomly generated by the node, and the Bluehelix cross-chain custodian node supports rotation

Free cross-chain bridge services
Compared to other cross-chain bridges, Bluehelix Bridge does not charge any fees on cross-chain function. Users can use Bluehelix Bridge with web plug-in Bluehelix Wallet.

Recently, Bluehelix has also formed strategic partnerships with Polygon, Cosmos，Arbtrium, and other major public chains, we will continue to introducing more collaborations and incentives to encourage users to benefits on the decentralized cross-chain services, as well as jointly promote the development of the DeFi economy and the construction of public chain ecosystem.

Email: BHEXChain@Bluehelix.com

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