Nowadays Dapp developers have lots of options in front of them and they have to choose any one of the platforms to build their Dapp. But the problem is that every platform is unique but none of them are perfect. Few protocols are stable but they are too slow and on the other hand, some are fast but they are unstable. Every blockchain has some pros and cons and there is no perfect solution and that’s the reason it will be risky to depend on one platform. Most importantly there will be always a serious mismatch between the Dapp and blockchain protocols. And Dapp always has to face the problem that blockchain has and that’s where Bifrost comes into action. So without wasting much time let’s try and find out how this platform is dealing with this problem. And also keep watch on Bifrost (BFC) Price Prediction for the next five years.
What is Bifrost?
Bifrost is the world’s first multichain platform that allows developers to create DApps on top of multiple blockchain platforms. Bifrost is aiming not to restrict to a single blockchain and instead of that create a new multichain environment for developers. So it will be an amazing thing for developers as they can combine the best protocols and create a DApp that is more scalable and flexible.
This platform also allows developers to create one smart contract for multiple blockchains that too in a combined environment. After creating smart contracts developers just have to select the blockchain platform on which they wanted it to use. The remaining work of compiling, transpiling, and deploying the code on that particular blockchain will be done by Bifrost.
The best part about this platform is that developers will be having complete control of their DApps. So as per their convenience at any point of time, they can switch the blockchain platform to better options available in the market.
Bifrost (BFC) Details:
|Total Supply||3,968,584,074 BFC|
Bifrost (BFC) Price Prediction:
Right now most of the wallets available in the market require connection to Ethereum based tokens. And now it’s been almost a decade completed to launch of blockchain but still, there are so many blockchain users that don’t know how it works. So it becomes a very difficult task for them. Also, many wallets don’t allow users to store crypto beyond ERC-20 tokens and that creates the issue of scalability. The potential growth of the decentralized finance ecosystem gets restricted.
After the launch of the Biport wallet, most of these issues will get resolved. So now users can easily store, send and receive a wide range of digital assets without compromising the security. Along with that Biport wallet also has some features like multichain connectivity, MetaMask support, and BiFi accessibility.
As the Bifrost team announced the launch of the Biport wallet the price of BFC tokens started going up. And this project started its second bullish run in the last six months. BFC token has already surged more than 35% in the last 24 hours. And as per the Bifrost (BFC) Price Prediction by the end of 2021, it will cross the $0.7 mark. Surprisingly BFC coin may cross the $2.5 mark in the next five years.
BFC Coin ICO Sale Details
|ICO Date||December 2020|
|ICO token Price||$0.027|
The biggest advantage of the Bifrost platform is its flexibility that allows developers to choose any of the blockchains and if required users can also combine two or more blockchains. This platform allows developers to use any blockchain so they can use the best features from each blockchain. Bifrost provides some features like IDE monitoring and wallets through which developers can operate their products very comfortably. Overall this is a very amazing project that is having huge growth potential and become a leading crypto project in the next few years.