Tratok Accelerates Oracle and Bridge Deployment, Pioneering Multi-Chain Innovation
Following two late strategic meetings yesterday evening, Tratok has decided to fast-track the deployment of its oracle and bridge infrastructure, ahead of the timeline shared in yesterday’s end-of-week update. Initially slated for a later phase, a pivotal meeting with two key service providers and a blockchain Virtual Asset Service Provider (VASP) revealed that implementing these features in parallel with other milestones will streamline integration and eliminate future pain points. While this does result in a more dense work schedule for us in the immediate future, this decision will make integration easier going forward and underscores our Team’s commitment to innovation and adaptability in the rapidly evolving blockchain landscape.
The new bridge will enable Tratok to operate seamlessly across both the Ethereum blockchain and Binance Smart Chain (BSC), unlocking a host of advantages for the hospitality ecosystem. By bridging these two leading networks, Tratok gains access to Ethereum’s robust decentralized application (dApp) ecosystem and BSC’s low-cost, high-speed transactions. This multi-chain compatibility enhances liquidity, allowing Tratok users to tap into decentralized exchanges (DEXs) like Uniswap and PancakeSwap with ease. It also reduces transaction fees for users leveraging BSC’s economical gas structure, while maintaining Ethereum’s security and developer tools for advanced dApp interactions. Furthermore, cross-chain functionality broadens Tratok’s exposure to diverse marketplaces, and new user bases, fostering greater adoption and utility. This is particularly important to us given the pending release of our comprehensive developer APIs which will power individual freelancers and developers who wish to take their first steps into the hospitality industry.
This deployment is a landmark achievement for Tratok, positioning it among an elite group of tokens with multi-chain functionality—and an even rarer cohort that has developed this technology in-house. Unlike many projects that rely on third-party bridges, Tratok’s proprietary solution ensures full control, enhanced security, and alignment with its vision for a decentralized, user-centric tokenomy.
Key Points of the Deployment:
- Open Source and Verified: All bridges will be open source, with smart contract code fully verified on block explorers, ensuring transparency and trust.
- Multi-Signature Wallet Security: All processes are governed by multi-signature wallets, safeguarding the tokenomy against unauthorized access or vulnerabilities.
- Unchanged Token Supply: The maximum and circulating supply of Tratok tokens remain unaffected, preserving the project’s economic integrity.
Expected Timeline:
Week Ahead: The Tratok team will deploy and verify the source code of all smart contracts on their respective block explorers. To ensure clarity, comprehensive details about Tratok will be submitted to the BSCscan explorer.
Before Month End: The dedicated bridge portal will transition from testnet to mainnet, enabling full cross-chain functionality.
This strategic leap forward cements Tratok’s position as a trailblazer in blockchain innovation. By joining the select few tokens with in-house multi-chain technology, Tratok is not just keeping pace with the industry—it’s setting a new standard for what true decentralization and adaptability can achieve.