Bitpanda Launches Public Beta for Pantos Token Protocol
On February 15, it was reported that the multi-chain Token protocol Pantos developed by Bitpanda, the Austrian cryptocurrency trading platform, opened the publ…
On February 15, it was reported that the multi-chain Token protocol Pantos developed by Bitpanda, the Austrian cryptocurrency trading platform, opened the public beta. Users can use the new Token standard to complete the Token encapsulation and create and deploy Token in multiple blockchains. At present, the beta will be carried out on seven chains, including Ethereum, Polygon, Avalanche, BNB Chain, Cronos, Cleo and Fantom, and will be eventually integrated into other chains.
The public beta of the multi-chain Token protocol Pantos under Bitpanda, an encrypted trading platform
Interpretation of the news:
Bitpanda, an Austria-based cryptocurrency trading platform, has recently launched its public beta for its multi-chain Token protocol called Pantos. The Pantos protocol enables users to perform Token encapsulation, deploy, and create Tokens across different blockchain networks. At present, this beta version supports seven blockchain platforms, including Ethereum, Polygon, Avalanche, BNB Chain, Cronos, Cleo, and Fantom. However, the company aims to integrate more blockchain networks in the future.
The Pantos Token protocol is a unique approach to blockchain technology, as it addresses the issue of interoperability. It is a cross-chain protocol that enables the interconnection of various blockchain platforms, allowing users to transfer assets between them. With this innovation, Bitpanda aims to eliminate the limitations of blockchain technology and provide users with a more efficient and seamless experience.
The public beta launch of Pantos Token protocol is an essential step towards the development of a more interconnected blockchain infrastructure. The ability to create, deploy, and encapsulate Tokens across multiple blockchain platforms is a significant milestone for the cryptocurrency ecosystem. This development takes us one step closer to a world where different blockchain networks can communicate with each other, creating a decentralized ecosystem that can serve a wider range of use cases.
The Pantos Token protocol puts Bitpanda on the forefront of the emerging blockchain market, providing a solution to several of the significant barriers to adoption of decentralized technology. With Pantos, users can enjoy reduced transaction fees and faster transaction times regardless of the blockchain network they’re using. It is through these kinds of innovations that we can have a better chance of reaching mainstream adoption of blockchain technology.
In conclusion, Pantos Token protocol is a substantial development in the blockchain market, enabling blockchain networks to be more interconnected to create seamless experiences for users. Bitpanda has taken a significant step by launching its public beta, which supports seven blockchain networks with the aim to integrate more in the future. The Pantos Token protocol has significant potential to drive blockchain adoption, allowing for wider usage of blockchain technology across various sectors.
References:
https://pantos.io/
https://bitpanda.com/en/pantos
https://www.cryptopolitan.com/bitpandas-pantos-provides-cross-chain-solution/
https://www.coindesk.com/crypto-unicorn-bitpanda-eyes-global-expansion-with-open-eu-market-accesszone
https://www.bitpanda.com/en/pantos
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/459/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
What currency does the s7 mining machine dig (710 mining)
s7 Digger Dig What Coin Bitcoin Digger was one of the most popular mining equipment in 2018. At the beginning of 2016, the selling price of the S7 mining machine was around $10000, but according to CoinMarketCap data, the price has now doubled, from $3 in 2017 to around 4 RMB today With the decline of Bitcoin network computing power and power cost, and more and more users entering the Cryptocurrency market, what kind of currency does S7 mining machine dig? How can Bitcoin miners now obtain Bitcoin? What currency does the Bitcoin mining equipment S7 mining machine mine? According to official sources, the s7 mining machine (old model) can be upgraded through ASIC mining machines, upgrading existing chips to the latest performance optimization algorithms 710 MiningAccording to official news, the 710 mining plan initiated by Coin Printing Mining Pool was officially launched on July 11, 2021 According to introduction: The 210 series mining project (including graphics cards) adopts a…
-
NASDAQ Plans to Launch Cryptocurrency Custody Services: Is This the Beginning of a New Era in Crypto Trading?
According to reports, Nasdaq plans to launch cryptocurrency custody services at the end of the second quarter. Ira Auerbach, senior vice president and head of NASDAQ Digital Assets
-
Malware Disguised as Google Drive Plugin Used to Steal Cryptocurrency Funds
According to reports, researchers at Trustwave Spiderlabs claim that malicious software Rilide is helping cybercriminals steal user funds from encrypted exchanges. Rilide disguised
-
TokenUnlocks Data Reveals Unlocking of Various Tokens This Week
It is reported that on March 13, according to TokenUnlocks data, the following Tokens will be unlocked this week (March 13 to March 19), including: More than 40 million APEs will be unlocked this week, worth about $179 million Analysis based on this information:The latest report from TokenUnlocks reveals that several tokens are set to be unlocked from March 13 to March 19. According to the report, the unlocking schedule is as follows: – March 13: 150 million VTHO tokens– March 14: 27 million SBD tokens– March 15: 200,000 MAN tokens– March 16: 1.47 billion GXC tokens– March 17: 51.26 million ICX tokens– March 19: 888.8 million PRL tokens Token unlocking refers to the process wherein tokens or coins that have been “locked” for a certain period become available for trading or transfer. Locking typically happens during an ICO, as a means of limiting the supply of tokens and creating scarcity, and boosting demand and value. Once the lock-up period…
-
A New Era of Gaming with NFT-Based “Final Fantasy 7” Card Game
According to reports, Square Enix, the developer of \”Final Fantasy,\” has announced the launch of an NFT-based \”Final Fantasy 7\” card game. It is reported that this game includes a
-
The Rise of Cryptocurrency Exchanges: A Potential Boon for the US Banking Crisis
According to reports, JPMorgan Chase stated in a research report that with the collapse of the Bank of America and the increase in stable currency trading volume, the US banking cr
-
FDIC and Federal Reserve to Set Up Fund for Banks in Trouble
According to reports, Watcher.guru revealed on social media that the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve are considering setti…
-
EOA Wallet Related to Uranium Finance Vulnerability Attack Transfers $4.8 Million to Tornado Cash
It is reported that according to CertiK monitoring, the EOA account address 0x8b9F132 has transferred the funds to Tornado Cash. The EOA wallet is related to the Uranium Finance vulnerability attack that lost about US $50 million in April 2021. So far, the address has transferred 3000 ETHs (about US $4.8 million) to Tornado Cash. EOA account address has transferred 3000 ETHs to Tornado Cash Analysis based on this information:CertiK monitoring has reported that an EOA account address, 0x8b9F132, associated with the Uranium Finance vulnerability attack in April 2021, has transferred $4.8 million worth of funds to Tornado Cash. The transfer of 3000 ETHs to Tornado Cash is raising eyebrows as the anonymity of the Tornado Cash mixer can make it difficult to trace the funds. The Uranium Finance vulnerability attack, which targeted Uranium Finance’s V2 contracts and led to the loss of approximately $50 million, had been blamed on a single attacker exploiting a series of sophisticated techniques. Although…
-
What is t1 mining machine (tutorial on t1 mining machine)
What is a t1 mining machine? What is a t1 mining machine? Bitcoin is a branch of blockchain On the Bitcoin network, anyone can create a new block, each containing a new data structure: hash value, timestamp, and string of public keys (such as “x” or “y”). This is different from proof of work mining as it does not have dedicated hardware resources for specific purposes and does not require additional calculations If the user needs to store their own key to verify transaction information and use their private password, then you can use your private key to generate transaction information in the block. When a miner sends a transaction, it will broadcast the transaction to the main network, and then the system will synchronize them to the main network to confirm the final result. Due to its ability to make transactions more predictable and secure, this approach is considered a very ideal solution. However, for many people, this issue…
-
Voyager and Kasar Labs announce partnership to integrate with starkcet.com
On April 29th, Voyager, a Starknet blockchain browser, tweeted that it had reached a partnership with Kasar Labs, a Starknet engineering and research laboratory, and integrated wit
-
Illuvium DAO Votes Against Market-Oriented NFT Package Opening Involving Controversial Encrypted Identity
According to the news on February 28, Illuvium DAO voted against the plan of Illuvium to hold a market-oriented Illuvia NFT package opening, because the plan i…
-
#GemSwap Announces Second IFO Launch on Zksync Era Network
According to official news, GemSwap on the Zksync Era network will launch its second IFO at 14:00 Beijing time on April 13, 2023. GemSwap\’s first IFO was launched with a maximum in
-
Montana Becomes Latest State to Embrace Bitcoin Mining
According to reports, encrypted KOL Bitcoin Archive tweeted that the US state of Montana passed the Bitcoin \”mining\” bill by 37 votes to 13.
The US sta…
-
Meitu Chairman Transfers 1.5 Million USDC and 2000 ETH to Coin An: What It Means
According to reports, according to Twitter user ember monitoring, 15 minutes ago, Meitu Chairman \”Cai Wensheng Friend\” transferred 1.5 million USDCs to Coin An and proposed 2000 ET
-
Binance Launches ACH1-20 Times U-Standard Perpetual Contract
According to the official announcement, Binance will launch the ACH1-20 times U-standard perpetual contract at 22:30 on February 22.
Binance will launc…
-
Bankruptcy Judge Casts Doubt on SEC’s Attempt to Block Binance US’ Asset Acquisition for Voyager Digital
According to reports, Michael Wiles, a judge of the bankruptcy court of Voyager Digital, said in a court hearing on Thursday that he was seriously suspicious o…