In an era of an increasing number of projects being deployed on Layer 2 (L2) networks, user demand for liquidity and asset transfer on these chains has increased. Owlto Finance’s secure and fast bridge service aims to provide users with a way to bridge assets to L2 solutions and take advantage of the efficiencies of L2s.
Let’s explore some of Owlto’s features that make it a reliable partner for Linea.
Owlto is one of the fastest-growing bridges in 2023. It launched its mainnet in June 2023 and has grown to become one of the top bridges in the Ethereum ecosystem.
Fast speed: Owlto can achieve near real-time asset arrival without going through the Ethereum mainnet, thus improving transfer speed. Over 90% of transfers are completed in less than 30 seconds on Owlto.
High security: Unlike other bridges that use roll-up technology, Owlto is risk-free. This is because it transfers assets directly between the sender’s account on the source and destination networks. The sender doesn't interact with smart contract addresses, which can be prone to attacks. This design makes the process safer.
Low cost: Asset transfers on Owlto are made between two EOA addresses without interacting with smart contract addresses, making transfer costs very low. This makes it one of the preferred options for users to transfer assets.
Linea is one of the best partners for Owlto and has been instrumental in helping Owlto build an ecosystem.
Linea is a highly decentralized L2 solution that does not rely on a central authority to operate, making it more resistant to censorship and fraud. This gives cross-chain bridges like Owlto confidence that a third party will not confiscate or freeze their assets. Asset transfers between Linea, Ethereum mainnet, and other L2s are seamless and the stability and continuity of Linea's services add to its appeal.
Linea is also a highly interoperable L2 solution, compatible with many other chains. This makes it easier for Owlto to provide a better cross-chain solution based on Linea.
For Owlto, Linea is a highly scalable, efficient, secure, decentralized, and interoperable solution. It enables Owlto to provide a superior solution based on its robust infrastructure, offering users a faster, cheaper, and more secure cross-chain bridge to transfer assets between Ethereum, Linea and other layers.
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