Could you please elaborate on the blockchain network that 1inch is built upon? I'm curious to understand the underlying infrastructure that supports this decentralized exchange protocol. Given the significance of blockchain choice in terms of scalability, security, and interoperability, I'm interested in knowing if 1inch leverages a major blockchain like Ethereum, Binance Smart Chain, or Polkadot, or if it's operating on a lesser-known yet innovative network. Understanding this aspect could provide valuable insights into the overall architecture and capabilities of 1inch.
6 answers
Isabella
Fri Jun 28 2024
Ethereum (ETH), being a cornerstone of the decentralized finance ecosystem, is naturally supported by 1inch.
Giulia
Fri Jun 28 2024
Binance Smart Chain (BNB), renowned for its scalability and efficiency, is also a part of the supported networks.
Valentino
Fri Jun 28 2024
1inch, a prominent platform in the cryptocurrency sphere, facilitates the seamless exchange of ERC20 and BEP20 tokens.
Bianca
Fri Jun 28 2024
Polygon (MATIC), Fantom (FTM), and OP Mainnet (Optimism) further add to the list of blockchains where 1inch enables token swaps.
CryptoTamer
Fri Jun 28 2024
This capability extends across multiple blockchain networks, ensuring versatility and accessibility for users.