• Swing, a cross-chain liquidity protocol, has released a new “no-code” product to reduce the time needed to deploy and update decentralized applications across multiple blockchains.
• The product, called Swing Platform, will be provided during ETHDenver conference for Ethereum developers.
• This product could help respond quickly to security incidents and make deploying and maintaining cross-chain applications easier.
Swing Launches ‘No-Code’ Product
Swing, a cross-chain liquidity protocol, has released a new “no-code” product that it says will reduce the time needed to deploy and update decentralized applications across multiple blockchains. Called Swing Platform, the product is being provided to developers during ETHDenver, a major conference for Ethereum developers.
Benefits Of No Code Product
The main benefit of this no code product is that developers can update configurations and deploy updates without changing the code. This could be especially useful in ‘critical scenarios’ when it’s necessary to disable a particular token or bridge due to a security flaw. It could also speed up the response time if something happened outside of ordinary working hours.
Cross Chain Applications Becoming More Common
Decentralized applications that straddle multiple blockchains are becoming more common but the cross-chain “bridges” used to move digital assets back and forth between networks are often targeted by hackers. Chainalysis reported that hacks and other thefts from these bridges cost $2 billion during just the first eight months of 2022 alone.
Making Cross Chain Apps Easier To Manage
Viveik Vivekananthan from Swing said: “Launching and maintaining a cross chain application is generally fraught with risk and off limits to all but best funded teams.” The aim of this product is to make launching and maintaining these types of apps easier so they become accessible for everyone regardless of resources or coding skillset they have available.
In conclusion, Swing’s no code product could provide significant benefits in terms of speeding up deployment times as well as making it easier for nontechnical team members to respond quickly in critical situations when it comes to managing distributed applications on multiple blockchains.