At its core, the pNetwork is a cross-chain composability system designed to facilitate seamless interoperability between various blockchains. It achieves this by leveraging a combination of cutting-edge technologies, including decentralized finance (DeFi), multi-chain architecture, and cross-chain bridges. The result is a robust ecosystem that enables users to transfer assets and execute transactions across different blockchain networks with ease.
One of the key components of the pNetwork ecosystem is the pToken, which serves as a representation of assets from one blockchain on another. These tokens are pegged 1:1 to their respective assets and can be seamlessly transferred between different blockchains using the pNetwork's cross-chain bridges.