JustMoney, the community-driven deflationary token on TRON Network and exchange platform, recently launched its newest product called JustMoney Bridge, which allows users to move assets between TRON, BTTC, BSC, and Polygon.
The newest product makes JustMoney from multi-chain to fully cross-chain and it ensures a fast, easy and cheaper way to move assets from one blockchain to another. Asides from moving TRON and JM tokens, JustMoney also offers this service to other projects that would apply for their tokens to be added to the bridge.
JustMoney Bridge not only can take projects on TRON to expand on other blockchains, other native projects such as BSC can also expand to the TRON network and other blockchains supported by the JustMoney platform and plans to provide future infrastructure to enable cross-chain swaps such as swapping any tokens on one chain to any other token from another chain.
— JustMoney.io (@JustMoneyIO) April 27, 2022
Asides from the ease of moving assets using the JustMoney Bridge, they also ensure the security of the product and as stated on their Medium blog:
“The bridge consists of multiple standalone validator nodes that “vote” as an independent witness to each transaction. The validator nodes are spread across different continents, and each uses a different key. Even in the extremely unlikely event that someone could access one key by hacking into one of the servers, they would still not be able to insert false transactions into the network since multiple keys are needed.”.
With the security features in place, this would ensure that using the JustMoney Bridge would be reliable and safe for every transaction.
Lastly, they also assure that transactions using the JustMoney Bridge would be fast and be completed in 1-2 minutes no matter which destination and source chain is used. All transactions using this product would have a very small fee of $0.6 to $1.00 in value which makes it more affordable for every user.
What is JustMoney?
JustMoney aims in building an ecosystem for the next generation of decentralized applications to power Web3. Their very own JustMoney token (TRC20) is a community-driven deflationary token on Tron Network where holders earn passive income on every transaction and where selling is discouraged by higher taxation.
Time for the second part of the announcement.
Please read this medium article carefully. It’s about the changes we did to the token and also about the JustMoney Bridge, which will be released tomorrow or the day after.https://t.co/VEwhkGo6HS
— JustMoney.io (@JustMoneyIO) April 26, 2022
They have a total of 73,665,000,000 JM tokens in circulation.
JustMoney has its own token exchange platform called JustMoney Exchange which is available on various chains such as TRON, BSC, ETH, Polygon, BTTC, and Zenith.
In addition to their own JM token and JustMoney Exchange, they also have the launchpad which is used for a new project that would be launched on their platform and they have developed a launchpad with a countdown and with higher slippage setting.
JustMoney also has a cryptocurrency gift card platform called JustMoney Gift that allows users to send customized cryptocurrency gift cards via email to friends and family.
What is TRON?
TRON is a blockchain-based decentralized platform founded by the former TRON CEO, Justin Sun in 2017 and it aims to create a free, global digital content entertainment system with distributed storage technology and allows easy and cost-effective sharing of digital content.
🚀 The @JustMoneyIO bridge is now live & faster ⚡️ than ever! Some community action already in place putting it to test -> only took them 70 sec⏰ end-to-end and cost <$1. 🤩#TRON #TRX #BTTC #BTT $JM https://t.co/vHm7rfQwEE
— TRON DAO (@trondao) April 27, 2022
It has a native cryptocurrency called Tronix or TRX and the company is dedicated to building the infrastructure for a truly decentralized internet. TRON has added blockchain support to different fields such as DeFi, NFT, and GameFi.
What assets are you planning to move using the JustMoney Bridge? Let us know in the comments section below.
For more news and updates, see Tron Spark.