Multichain Price

Multichain is best described as a cross-chain router protocol. It empowers users to bridge over 1,600 tokens across more than 30 different blockchain environments. These include Ethereum Virtual Machine (EVM)-compatible networks, parachains, and prominent blockchains like Bitcoin and those based on the Cosmos framework. Notably, the platform is engineered to deliver swift and cost-effective transactions, which is a significant improvement over conventional models.

The innovative backbone of Multichain lies in its unique Multi-Party Computation (MPC) design, which streamlines the transaction process. By utilizing this technology, it deducts transaction costs and time, making asset transfers not only more accessible but also more efficient.