SmartBridge is a technology proposed by the cryptocurrency project ARC. It allows different blockchains to connect and communicate with each other.
With SmartBridge, the question of which coin will replace Bitcoin becomes irrelevant because it enables users to combine the best features of all cryptocurrencies. By using a special token called ARK, even Bitcoin can gain the functionalities of other altcoins.
ARK’s SmartBridge Technology uses Vendor Fields and Encoded Listener nodes to analyze data from different blockchains and perform user-requested tasks. Implementing a small piece of code allows any existing blockchain to connect with ARK securely and easily.
Once a blockchain is connected through the SmartBridge, various transactions become possible. For example, you can trigger an Ethereum smart contract by sending instructions through the ARK SmartBridge.
The potential of ARK’s SmartBridge technology goes beyond these examples. As more use cases for cryptocurrencies arise, smartbridges offer the whole ecosystem the opportunity to benefit from seamless communication between different blockchains.