EVM-compatibility refers to the ability to write and deploy smart contract codes compatible with the Ethereum Virtual Machine and therefore recognizable by Ethereum nodes.
Gas fees are payments made by network users to compensate for the computing energy required to process and validate transactions on blockchains. On the BIFROST Network, the gas fees are paid in BFC.
The BIFROST Node uses a Delegated Proof of Stake (DPoS) consensus mechanism. Anyone who has more than a certain amount of BFC in the DPoS-based BIFROST Network can participate in the network consensus process either as a validator or a nominator.
The BIFROST multichain payment environment has low fees and eliminates complex barriers. No technical knowledge is required.
BIFROST is a secure and accurate blockchain with network validators providing high-performance oracle services.
With maximized security and speed, BIFROST ensures the best experience for all users, beginners and experts alike.