What is hop.cash?
The bridge functions by allowing users to transfer funds between BCH, which is the primary blockchain, and smartBCH, a sidechain designed to mimic the Ethereum Virtual Machine. Before you start, it's important to have either Metamask or another compatible wallet set up for smartBCH; if you haven't configured it yet, just select "connect to smartBCH network." To begin the transfer process, you must send more than 0.01 BCH to one of the specified addresses or QR codes, making sure to stay within the "Pool Balance" limit. Using Cashaddr for your transactions is highly recommended for ease and efficiency. When transferring amounts below 1 BCH, the bridge typically requires under 1 minute for confirmation of double spend proof, while transfers between 1 BCH and 50 BCH only need a single confirmation. For amounts greater than 50 BCH, the bridge will wait for two confirmations to enhance security. Adhering to these protocols is crucial, as it ensures a seamless transfer experience while safeguarding your funds. Always keep these practices in mind to avoid any potential issues during the transfer process.
Integrations
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Across Protocol
A groundbreaking approach to cross-chain interactions that effortlessly links users to various applications has emerged.
This innovation offers end-users access to the quickest and most economical bridging options, while developers enjoy a more efficient interoperability process.
Cross-chain Intents serve as both a limit order and an action to be performed, effectively substituting explicit steps with desired user outcomes.
This shift enables relayers to compete for optimal execution paths, enhancing efficiency.
In contrast to intricate trusted messaging frameworks, Across facilitates connections between users and dapps via intents, rather than merely bridging different blockchains.
For developers, incorporating a standard action into protocol operations is all that is required to deliver fluid experiences across multiple chains.
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Hop Exchange
Hop acts as a highly efficient and scalable connector that allows for the swift transfer of tokens between different rollups or sidechains, enabling users to shift their assets nearly instantaneously while avoiding the traditional challenge periods found in those networks. This innovative system is powered by market makers referred to as Bonders, who offer liquidity at the destination chain for a small fee and generate hTokens that can be swapped for the respective native tokens through an Automated Market Maker (AMM). Although measuring the security of such protocols can be complex, the Hop development team has spent over a year meticulously enhancing the protocol before its public introduction. This skilled team possesses extensive experience in smart contract development, having previously acted as auditors for leading projects such as Augur, OpenZeppelin, Decentraland, and DyDx. Furthermore, they played a pivotal role in developing one of the first smart contract wallets in the Ethereum ecosystem, known as Authereum, underscoring their dedication to both innovation and security in the blockchain domain. Therefore, users can have confidence in the technology and the expertise of the team driving Hop's bridging functionalities, which further enhances the overall user experience. Ultimately, this combination of efficiency, experience, and security makes Hop a compelling choice for those seeking seamless asset transfers.
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Screenshots and Video
Company Facts
Company Name:
hop.cash
Company Website:
hop.cash/
Product Details
Deployment
SaaS
Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English