Liam Doyle
|
November 12, 2024

Hyperbridge launches its Mainnet on Polkadot

Due to the lack of interoperability between blockchains, it has long been impossible to transfer assets and data between chains. Polkadot is a blockchain with interoperability at its core. With its modular architecture, it allows developers to build their own blockchains, and the new Hyperbridge protocol will further enhance interoperability. It acts as a co-processor for cross-chain interoperability that can be easily monitored and verified. Not only will this address the need for secure cross-chain interoperability but it will also be an alternative to traditional multi-signature bridges.

With Hyperbridge, developers will be able to launch cross-chain applications in minimal time. The protocol allows to develop on-chain and off-chain software and send cross-chain messages securely. If a project aims to operate on multiple networks (real assets, stablecoin, DAO, etc.), Hyperbridge allows it to launch decentralized applications to extend the multi-chain. This flexibility gives developers more options, including the ability to build interconnected projects without having to deal with the usual barriers of isolated networks. Hyperbridge has raised $2.5 million in crowdfunding to develop this project. It has been thoroughly tested with 66 independent relayers and over 600,000 cross-chain messages.

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