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Hey does anyone use the SCRT - XMR Bridge?

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KRS-ONE1 Автор вопроса

Is there any reason not to?

KRS ONE1
Is there any reason not to?

Last I looked into it, was completely centralised

KRS-ONE1 Автор вопроса

Yea? Could you send any info on it you have. I’m still surprised we don’t have more bridges for XMR to make it easier to get in and out of monero from other blockchains

Not on a pc right now, will send later There is btc-xmr swaps, xmr-eth swaps are being worked on

KRS-ONE1 Автор вопроса

Yea I’ve been watching closely about the atomic swaps which are coming . I think Atom’s network is going to get a lot of push this year . Would be nice if we had a simple swap or bridge there too

KRS-ONE1 Автор вопроса
Nik
Atoms network ? What?

Yes SCRT is a cosmos chain. That ecosystem is interconnected and has been growing (Luna w/ UST , SCRT , ATOM , JUNO etc.)

KRS ONE1
Yes SCRT is a cosmos chain. That ecosystem is inte...

Atomic swaps are different then what your talkin bout homie

KRS-ONE1 Автор вопроса
Insane Crypto Maniac
Atomic swaps are different then what your talkin b...

Yes I know that. That’s why I was asking about the bridge and not swaps

KRS ONE1
Yea? Could you send any info on it you have. I’m s...

are you talking about exchanges that cant steal/freeze your funds?

KRS-ONE1 Автор вопроса

No not exchanges . Fuck exchanges . I’m talking about bridges . You can bridge XMR directly to SCRT blockchain from GUI wallet to a wallet like KEPLR that holds Cosmos tokens and vise versa

im new to this but the goal u want to obtain is the same like when using exchanges? exchanging xmr for other coins and other coins for xmr?

KRS-ONE1 Автор вопроса
R
im new to this but the goal u want to obtain is th...

Somewhat similar . You can bridge BTC as wBTC (wrapped BTC) on ETH and utilize your BTC to earn yield and whatever else on ETH’s blockchain. Seems scrt is the only one allowing us to wrap XMR and utilize it on their blockchain. When you want it back on the Monero blockchain, bridge back the sXMR to XMR . Not sure of all the capabilities of sXMR however outside of being able to swap it freely on Cosmos blockchain for other tokens and use their dapps.

Or incognitochain it's faster and theres btc LTC also

KRS ONE1
Somewhat similar . You can bridge BTC as wBTC (wra...

i was looking for something that doesnt involve trust in exchanges too but only thing i found is bisq but the app doesnt work properly for me

KRS-ONE1 Автор вопроса

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