Swingby, established in 2018 by Yusaku Senga, is a Singapore-based blockchain protocol that facilitates cross-chain swaps between networks like Bitcoin and Ethereum. It aims to bypass intermediaries using its "Mobile Proof of Stake" (MPoS) technology and "Skybridge" infrastructure, promoting direct token exchanges. This method hinges on collateralized network nodes to bolster transaction security and speed, aiming to enhance decentralized trust. Swingby also allocates governance responsibilities to its token holders, allowing them influence over platform developments and offering the possibility of reduced fees through specific token activities. The efficacy and long-term viability of Swingby's approach is subject to ongoing market evaluation.
