{"id":6532,"date":"2023-08-11T06:16:26","date_gmt":"2023-08-11T06:16:26","guid":{"rendered":"https:\/\/metaschool.so\/articles\/?p=6532"},"modified":"2023-08-11T07:59:33","modified_gmt":"2023-08-11T07:59:33","slug":"rocketx-joins-hands-with-hedera-blockchain","status":"publish","type":"post","link":"https:\/\/metaschool.so\/articles\/rocketx-joins-hands-with-hedera-blockchain\/","title":{"rendered":"RocketX and Hedera Unite to Propel Blockchain Interoperability\u00a0"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_56_1 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/metaschool.so\/articles\/rocketx-joins-hands-with-hedera-blockchain\/#What_is_RocketX\" title=\"What is RocketX?\">What is RocketX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/metaschool.so\/articles\/rocketx-joins-hands-with-hedera-blockchain\/#What_is_Hedera\" title=\"What is Hedera?\">What is Hedera?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/metaschool.so\/articles\/rocketx-joins-hands-with-hedera-blockchain\/#How_does_RocketX_work_with_blockchains\" title=\"How does RocketX work with blockchains?\">How does RocketX work with blockchains?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/metaschool.so\/articles\/rocketx-joins-hands-with-hedera-blockchain\/#What_does_the_Hedera_and_RocketX_partnership_mean_for_developers\" title=\"What does the Hedera and RocketX partnership mean for developers?\">What does the Hedera and RocketX partnership mean for developers?<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Partnerships and collaborations in the blockchain space have not ceased to take place in spite of the coldness of the winter this year. As recently as August 10th, RocketX, a multichain centralized and <a href=\"https:\/\/metaschool.so\/articles\/dex-decentralized-exchange\/\">decentralized exchange (DEX)<\/a> aggregator, achieved a significant milestone by seamlessly integrating with the <a href=\"https:\/\/metaschool.so\/articles\/layer-1-blockchain\/\">Layer 1<\/a> Hedera (HBAR) blockchain.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">JUST IN: RocketX (<a href=\"https:\/\/twitter.com\/RocketXexchange?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@RocketXexchange<\/a>) now supports seamless swaps from popular blockchains like Bitcoin, Cosmos, Ethereum to <a href=\"https:\/\/twitter.com\/hedera?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@Hedera<\/a> Hashgraph (<a href=\"https:\/\/twitter.com\/hashtag\/HBAR?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#HBAR<\/a>) with just one click!<a href=\"https:\/\/twitter.com\/hashtag\/Hedera?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Hedera<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/HBAR?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#HBAR<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/exchange?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#exchange<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/added?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#added<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/swap?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#swap<\/a> <a href=\"https:\/\/t.co\/JvHwUFISpM\" target=\"_blank\">pic.twitter.com\/JvHwUFISpM<\/a><\/p>&mdash; HederaInform ($HBAR) (@HederaInform) <a href=\"https:\/\/twitter.com\/HederaInform\/status\/1689692942812786690?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">August 10, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><strong>\ud83d\udd0e Popular course:<\/strong> <a href=\"https:\/\/metaschool.so\/courses\/create-token-solidity-astar-blockchain\" target=\"_blank\" rel=\"noreferrer noopener\">Create an ERC-20 Token in Solidity on Astar Network<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-is-rocketx\"><span class=\"ez-toc-section\" id=\"What_is_RocketX\"><\/span>What is RocketX?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>RocketX, as mentioned, is a centralized and decentralized exchange aggregator that allows users to swap cryptocurrencies across multiple blockchains with the best prices and liquidity. It serves as a one-stop-shop for crypto traders, having access to over 60 blockchains and over 270 DEXs.<\/p>\n\n\n\n<p>Apart from its primary functioning, RocketX is user-friendly and easy to operate and it does not hold a user\u2019s funds, giving a user full access to their cryptocurrencies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-is-hedera\"><span class=\"ez-toc-section\" id=\"What_is_Hedera\"><\/span>What is Hedera?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Hedera is one of the <a href=\"https:\/\/metaschool.so\/blockchains\" target=\"_blank\" rel=\"noreferrer noopener\">popular blockchains<\/a> in town. Over 96 million transactions take place every single day on its platform with an average cost of 0.001 USD, making it one of the most economical and efficient blockchains.<\/p>\n\n\n\n<p>Hedera follows the&nbsp; <a href=\"https:\/\/metaschool.so\/articles\/byzantine-fault-tolerance-blockchain-generals-problem\/\" target=\"_blank\" rel=\"noreferrer noopener\">Byzantine Fault Tolerance<\/a> (aBFT) hashgraph consensus algorithm. It is known for the Hedera Governing Council which is an independent governing body consisting of enterprises, <a href=\"https:\/\/metaschool.so\/courses\" target=\"_blank\" rel=\"noreferrer noopener\">web3 projects<\/a>, and prestigious universities. It has a high throughput, fast finality and fair transaction ordering with consensus timestamps which make it scalable, reliable and secure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-does-rocketx-work-with-blockchains\"><span class=\"ez-toc-section\" id=\"How_does_RocketX_work_with_blockchains\"><\/span>How does RocketX work with blockchains?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It uses a technique called cross-chain swaps. Cross-chain swaps allow users to swap cryptocurrencies between different blockchains with just a few clicks. This is a great way to <a href=\"https:\/\/metaschool.so\/gastracker\" target=\"_blank\" rel=\"noreferrer noopener\">avoid high gas fees<\/a> and to get the best prices for your swaps. This makes RocketX seamless and easily adaptable.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"530\" src=\"https:\/\/metaschool.so\/articles\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-11-at-11.03.27-AM-1024x530.png\" alt=\"RocketX exchange \" class=\"wp-image-6539\" srcset=\"https:\/\/metaschool.so\/articles\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-11-at-11.03.27-AM-1024x530.png 1024w, https:\/\/metaschool.so\/articles\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-11-at-11.03.27-AM-300x155.png 300w, https:\/\/metaschool.so\/articles\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-11-at-11.03.27-AM-150x78.png 150w, https:\/\/metaschool.so\/articles\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-11-at-11.03.27-AM-768x397.png 768w, https:\/\/metaschool.so\/articles\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-11-at-11.03.27-AM-1536x794.png 1536w, https:\/\/metaschool.so\/articles\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-11-at-11.03.27-AM-2048x1059.png 2048w, https:\/\/metaschool.so\/articles\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-11-at-11.03.27-AM-1320x683.png 1320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Source: RocketX<\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-does-the-hedera-and-rocketx-partnership-mean-for-developers\"><span class=\"ez-toc-section\" id=\"What_does_the_Hedera_and_RocketX_partnership_mean_for_developers\"><\/span>What does the Hedera and RocketX partnership mean for developers?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The integration of Hedera to RocketX is expected to be important and meaningful for both developers and traders. With a platform as big as that of RocketX, it also becomes easier for Hedera to further increase its user-base by easy on-boarding, improve its interoperability and become more accessible.<\/p>\n\n\n\n<p><strong>\u2705 Learn to build on Tezos:<\/strong> <a href=\"https:\/\/metaschool.so\/courses\/create-pokemon-cards-nfts-tezos-blockchain\" target=\"_blank\" rel=\"noreferrer noopener\">Mint Pokemon Card NFTs on the Tezos Blockchain<\/a><\/p>\n\n\n\n<p>For developers who use multiple currencies to ship dApps, this recent development is going to be really helpful as the integration also aims to interconnect blockchains like <a href=\"https:\/\/metaschool.so\/blockchains\/bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin<\/a>, <a href=\"https:\/\/metaschool.so\/blockchains\/ethereum\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum<\/a>, <a href=\"https:\/\/metaschool.so\/blockchains\/solana\" target=\"_blank\" rel=\"noreferrer noopener\">Solana<\/a>, <a href=\"https:\/\/metaschool.so\/blockchains\/fantom\" target=\"_blank\" rel=\"noreferrer noopener\">Fantom<\/a> and <a href=\"https:\/\/metaschool.so\/blockchains\/cosmos\" target=\"_blank\" rel=\"noreferrer noopener\">Cosmos<\/a>.&nbsp;<\/p>\n\n\n\n<p>As a result, users will now easily and seamlessly move their assets from Hedera and vice versa, promoting self-custody and removing the need for a DEX or centralized exchange intermediary.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Lastly, the big news for DEXs and centralized cryptocurrency exchanges is that they no longer have to get anxious about adding liquidity to support <a href=\"https:\/\/hedera.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Hedera<\/a> because the RocketX swaps will outsource it by utilizing its supported services and bridges.<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":11,"featured_media":6544,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[71],"tags":[],"class_list":["post-6532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending-web3"],"_links":{"self":[{"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/posts\/6532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/comments?post=6532"}],"version-history":[{"count":9,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/posts\/6532\/revisions"}],"predecessor-version":[{"id":6556,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/posts\/6532\/revisions\/6556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/media\/6544"}],"wp:attachment":[{"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/media?parent=6532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/categories?post=6532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaschool.so\/articles\/wp-json\/wp\/v2\/tags?post=6532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}