KCC Bridge Has Officially Launched, Supporting Token Cross-Chain Swap with One Click
Dear KCC Members,
KCC has been running stably and smoothly for a month since its mainnet launch on June 16, 2021. On July 16, 2021, a new generation of public chain — KCC (official website: https://www.kcc.io) officially launched its cross-chain bridge, the KCC Bridge.
The launch of the KCC Bridge aims to provide connectivity solutions in technical terms to networks based on different protocols, rules, and governance models by seamlessly moving their data and assets. In other words, cryptocurrencies can freely circulate across their native networks and the KCC blockchain with one click.
KCC Bridge provides bridging services to the KCC public chain by allowing native tokens on other chains to interchangeably transact and circulate on KCC. The KCC Bridge will first support stablecoins such as USDT and USDC from Ethereum to KCC. There is no gas fee for users when transmitting assets into KCC, while the gas fee on other chains may still apply.
Built by KCS and KuCoin’s fan communities, KCC is a decentralized public chain with high performance. It features high throughput, low latency, low transaction cost, and satisfactory security and stability. In addition, it aims to improve the on-chain processing power and performance with the Proof of Staked Authority (PoSA) consensus mechanism by reducing the block confirmation time to within 3 seconds. It adopts KCS as the on-chain gas fee to reduce the overall transaction costs. By building up a “faster transaction confirmation speed,” “higher transaction performance,” and “lower transaction fees,” KCC aims to provide community users with faster, more convenient, and lower-cost experiences. The stable running of the KCC Bridge is expected to bring in more diversified mainstream public chains and their native assets to the KCC ecosystem.
For more details, please visit https://www.kcc.io.
Thanks for your support!
The KCC team