A new Polkadot to Ethereum bridge could enable cross-chain DeFi composability

Cointelegraph

Published Aug 27, 2020 09:00AM ET

Updated Aug 27, 2020 11:20AM ET

A new project building on Polkadot wants to create a comprehensive bridge with Ethereum that would eventually relay direct smart contract instructions.

The bridge is being developed by Snowfork, a software development company. The initial implementation is fairly straightforward, only allowing Ether (ETH) and ERC-20 tokens to be transferred over to Polkadot. The bridge is also fully symmetric, as Aidan Musnitzky, Snowfork’s founder, told Cointelegraph. “Anything you can do in one direction, you can do it in the other,” he said.

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