UniSat Optimizes Asset Bridging, Reduces Transaction Times Without Compromising Asset Security
In Brief
UniSat implemented updates and improvements aimed at optimizing the asset-bridging process while maintaining the necessary security measures.
Bitcoin service provider UniSat announced the successful implementation of updates and improvements aimed at optimizing its asset-bridging process while maintaining the necessary security measures.
As part of its optimization efforts, UniSat has reduced transaction times without compromising the safety of user assets. The updated process now involves inscribe transfer, which requires one confirmation, typically lasting around ten minutes. Bridging to Fractal involves three confirmations, each taking approximately thirty minutes. Additionally, when depositing to PizzaSwap, the process includes an inscribe transfer with a one-minute confirmation time, followed by a deposit phase that requires thirty confirmations, collectively taking about fifteen minutes.
These enhancements are created to reduce transaction times by approximately thirty-five minutes.
UniSat Launches Simple Bridge For PizzaSwap On Fractal
This is a platform that provides an open-source extension wallet for Bitcoin Ordinals and BRC-20 tokens, allowing users to store and transfer assets efficiently.
The platform introduced the Simple Bridge for PizzaSwap on the Fractal Bitcoin Mainnet earlier this week, enabling individuals to securely and efficiently transfer assets between various protocols and PizzaSwap, facilitating seamless cross-chain transfers. Currently, supported assets include sBTC, sORDI, sSATS, sQUAQ, sOSHI, sPEPE, sTRAC, sMEME, sRATS, and sPIZZA, with additional assets expected to be added in future updates. The bridge fees consist of a deposit fee of 0.00003 BTC and a withdrawal fee of 0.25 FB. Notably, all bridged assets are labeled with the ‘s-‘ prefix, indicating their status as cross-chain assets transferred through the Simple Bridge.
Additionally, it launched PizzaSwap on the Fractal mainnet, which supports assets bridged through both the Bool Bridge and Simple Bridge. Moreover, the platform has open-sourced the indexing implementation for BRC-20 tokens on Fractal. This includes Bridged BRC-20, Bridged Bitcoin, Fractal FB as BRC-20, Runes on Fractal, and Bridged Runes.
These updates follow the launch of the Fractal Bitcoin mainnet and the activation of BRC-20 on Fractal, which began at a block height of 21,000.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
