A one of its kind decentralized exchange that allows transactions between different blockchains, aptly called Borderless is all set to be launched this April. Borderless’ release would now allow for cross chain transactions between various exchange platforms like Bitcoin Core, Ethereum, NEO, Lisk, and Waves.
About Block Collider
Borderless is a project by Block Collider, a decentralized multi-chain platform that provides a safe and secure environment for blockchain networks to interact with each other. Block Collider is currently compatible with five different blockchains namely, Bitcoin, Ethereum, Waves, Neo and Lisk.
Borderless is a decentralized peer to peer exchange platform that comes equipped with a blockchain network of its own. With no order size limits and a functionality thrice the speed of Ethereum, Borderless is all set to give its competitors a run for their money.
How Borderless works
Borderless works on a simple and easy user interface. The platform provides no limitations on the size of the order or any other trading measures.
The exchange functions without validators and centralized oracles, as opposed to Binance DEX, which works on a total of 11 validators. A new user can easily download the application and begin uploading his e-wallet, the data of which doesn’t get stored on a server, so you don’t have to worry about security breaches or hacks. Borderless is equipped with specific included settings that set it apart from other decentralized exchange platforms; for example, Borderless allows users to set their desired maximum bond amount for the trades done. Borderless also has its own currency, NRG, the second currency being, emblems. Emblem works in a pretty versatile way, the more emblems you own, the higher your energy, the bigger your block size. Emblems thus enable miners to enhance their block size further. Borderless is currently available on all Windows, Max, and Unix platforms.