If you have 100 billion tokens on each chain and use the lock/unlock principle to bridge them, you can achieve a consistent supply across all three chains. The lock/unlock principle involves locking tokens on one chain and unlocking them on another chain to create a bridge between the two chains.
In this case, you could lock 100 billion tokens on the BSC chain and unlock them on the ETH and Terra chains, thus creating a bridge between the three chains. Since there is no mint/burn principle, the total supply of the token would remain at 100 billion on all three chains combined.
Multichain can be crucial to the success of Lunaticstoken for several reasons:
- 1.Improved Interoperability: Multichain technology allows for the transfer of assets and data between different blockchain networks. This capability can improve interoperability and enable your project to interact with other blockchain networks, increasing its potential user base and adoption.
- 2.Enhanced Scalability: As more and more users and applications are added to your blockchain network, the demand for scalability increases. Multichain technology enables the creation of new chains that can handle specific use cases or applications, making it easier to scale your network and ensure that it remains efficient and reliable even as usage grows.
- 3.Increased Security and Privacy: Multichain technology allows for the creation of private chains that can communicate with public chains, providing a more secure environment for sensitive data and transactions. This capability can be particularly important if your crypto project deals with sensitive or confidential information.
Overall, multichain technology can help Lunaticstoken to achieve its goals by improving interoperability, scalability, security, and flexibility. By leveraging the benefits of multichain, you can create a more efficient and versatile blockchain network that can meet the specific needs of your users and stakeholders.