TechFlow reports, Celer Network has tweeted that it is about to launch a cross-chain bridge based on SGN. This bridge operates on an xAsset locking and minting model and will be secured by both PoS and Optimistic consensus mechanisms.
Previous report, Celer cBridge announced the expansion of support for BRC-20 token bridging, enabling interoperability between the Bitcoin and EVM ecosystems. The plan will be implemented in two phases: the first phase involves a BRC-20 bridge based on Celer SGN, while the second phase will leverage Brevis ZK to enhance security and decentralization.
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