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News March 26, 2022

Founder of Mirror, a decentralized content publishing platform, proposes a new approach to cross-chain assets

Denis Nazarov, founder of the decentralized content publishing platform Mirror, issued a document proposing a new Layer 2 bridge solution, Bridge Pass. Denis Nazarov said that the existing Layer 2 bridging solutions have drawbacks such as slowness, high handling fees, and troublesome operations, which undoubtedly raise the threshold for Layer 2 adoption, and Bridge Pass aims to make bridging more interesting and easy to use.

It is reported that Bridge Pass is inspired by gift cards and uses NFT technology. Users who need to bridge assets can purchase NFTs at the corresponding price on the Layer1 network, and the NFTs will automatically cross-chain assets to the Layer2 network during minting.

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