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Bifrost (BFC) is a unique multi-chain middleware protocol designed to facilitate interoperability between different blockchain networks. By enabling seamless communication and asset transfers across various blockchains, Bifrost aims to enhance the overall functionality and usability of decentralized applications (dApps).
Chainlink (LINK) is a decentralized oracle network that aims to connect smart contracts with real-world data. It enables blockchains to securely interact with external data sources, APIs, and payment systems, thereby enhancing the functionality and applicability of smart contracts.