Rhino.fi: Redefining the Cross-Chain Experience

What Are Bridges in Web3?

A bridge in blockchain technology refers to a mechanism that enables the transfer and communication of data and assets between different blockchain platforms.

It serves to overcome the interoperability challenges that arise from the existence of multiple, independent blockchains, facilitating seamless transactions and interactions across these otherwise isolated networks. By linking distinct blockchains, bridges enhance the versatility and utility of digital assets, promoting a more integrated and efficient ecosystem within the blockchain space.

About Rhino.fi

Rhino.fi is a comprehensive DeFi platform offering streamlined access to a wide array of decentralized finance services across multiple blockchains. The Rhino.fi bridge allows users to move ETH and stablecoins frictionlessly between different L2s and blockchains at lightning speed. With 1.3 million total users, the platform operates on a self-custodial model, ensuring users maintain full control over their assets with provisions for emergency withdrawal in case the platform becomes inaccessible.

Issues Faced Before Blast Partnership

"Public blockchains would frequently become overloaded during peak times and cause a knock-on impact for the Rhino.fi bridge."

The Rhino.fi bridge relies on high up-time, low latency and very high reliability. As bridges facilitate the seamless exchange of information and value, the underlying Web3 infrastructure must support high throughput, robust security protocols, and smart contract functionality to prevent fraud and ensure transaction integrity. Moreover, scalable and performant infrastructure is essential to accommodate the growing volume of cross-chain transactions, reduce transaction costs, and support the development of more complex decentralized applications.

Most Valuable Aspect of the Blast Partnership

"With Blast, we are able to access reliable RPC infrastructure that allows us to scale our business. The Blast team is available around the clock to help with any underlying blockchain issues and nuances and are a pleasure to work with."