Bifrost (BFC) price, chart, coin profile and news

Find the latest Bifrost (BFC) price, coin profile, news and history to get you started with Bifrost trading and investing.

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What is Bifrost?

Bifrost is a multichain middleware platform that connects dApps with multiple blockchain protocols. Choosing a protocol to build on can be difficult for dApp developers, as there are so many features to choose from. Each blockchain boasts native pros and cons, which is why relying on one can be seen as risky. If any problems occur with a blockchain, dApp developers must then try to tackle the problem. Bifrost attempts to solve this problem by allowing developers to combine the best features of multiple blockchain protocols so that an optimal blockchain can be put to use. Bifrost bridges dApps and blockchain protocols and, therefore, reduces the reliance risk on one.

According to project’s website, dApp developers can combine the features of both public and private blockchains to suit their needs and, therefore utilise the advantages of both. A private blockchain can be customised by developers, which can lead to enhanced scalability. On the other hand, public blockchains offer developers safety and decentralisation. Bifrost splits the dApp’s code into private and public blockchains, combining the features of both to create a native smart contract. Both private and public components operate together through the protocol’s native “linkers” technology. This allows dApp developers to choose a combination of any private and public blockchains that are currently available within the cryptocurrency industry. If a type of blockchain is then preferred over another Bifrost allows developers to change. BFC is the native token that forms the basis of the Bifrost economy. Any dApp utilising the Bifrost multi-chain protocol can utilise BFC within its economy. Alternatively, each dApp can generate its own native token based on the blockchains being implemented.

Bifrost (BFC) is the 350th largest cryptocurrency in the world by market cap, valued at $78,193,753. The current price of Bifrost is $0.10328391, which is 2.021% higher than yesterday. Prices have ranged between $0.10563156 and $0.1002651 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 23, 2022 07:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Bifrost (BFC) price

Use our graph to track the performance of (BFC) over time.

Bifrost at a glance

Information last updated May 23, 2022 07:05 UTC.
Coin symbol BFC
Coin Marketcap AUD$78,193,753
Total BFC supply 2,368,584,074
Circulating BFC 1,070,384,653
Current price AUD$0.10328391
All time high AUD$1.551

Bifrost price performance over time

Historical prices compared with the price of $0.10328391.

1 hour -1.65%
24 hours 2.02%
7 days -2.14%
14 days -28.64%
30 days -47.52%
60 days -54.51%
200 days -70.24%
1 year 0.27%

Disclaimer: Cryptocurrencies, including Bifrost, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BFC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Bifrost or any other cryptocurrency discussed.

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