How Omnibridge Powers Multi-Chain Trading on NEAR Protocol
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About this video
Forget risky bridges. NEAR’s Omnibridge and MPC setup lets smart contracts securely execute trades across Solana, Arbitrum, and more—without compromising trust. #MultiChain #NEARProtocol #Omnibridge #CryptoSecurity #DeFi #CrossChain #SmartContracts #MPC #Solana #Arbitrum #Web3Trading #OnChainExecution #BlockchainTech #CryptoExplained #DeFiInnovation
Transcript
180 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:00
how does this differ from like all the other cross chain dexes and and assume I'm just somebody who trades on binance right and I'm on chain now and perhaps I use Jupiter sometimes perhaps I use Unis swof sometimes this is obviously multi-chain but how does that multi-chain actually work without compromises that would generally come with it and I don't mean ux because it seems like you guys did a good job with ux but I mean security and I believe you have something like the concept is
- 0:25
called Omni Bridge right uh so Omni bridge is kind of this extension Rainbow Bridge that we built before which is only between cman we're now extending it to to multichain that supports salana base um arbitrum and going to add more chain support and and so on so uh how it works is roughly that it it leverage this um NPC Network that we're also building uh separately uh so that it allows uh every near smart contract to sign transactions that can be executed on other chains so