Hyperlane co-founder @thePalenimbus will be giving a talk on "Building the Interchain Highway" at 1:40pm MT on Wednesday, March 1 at the DeFi Denver event.
The @Hyperlane_xyz x @eigenlayer flywheel:
- More Hyperlane economic security
- More security attracts more developer activity
- More activity drives more fee revenue for validators
- More fee revenue bootstraps restaking demand
Unlike other interoperability systems, Hyperlane is uniquely suited for Eigenlayer restaking.
- Hyperlane uses smart contract fraud proofs.
- Hyperlane does not require an honest majority assumption because Hyperlane validators stake on source chains and sign outbound messages.
Today your apps can share state across Ethereum, Arbitrum, Optimism, Polygon, Avalanche, BNB and Celo, enabling interchain composability with Abacus.
We’ve launched what we’re calling Mainnet Alpha, read on to learn all about it
1/ So what is Mainnet Alpha? It's phase 1 for Abacus and Interchain apps
This sets a foundation for future releases and the growth of the Abacus Network. Despite being an ‘alpha’ release, it enables Abacus' core value prop; interchain messaging and interchain applications.
2/ Future releases will improve the functionality and bolster the security of the network.
The most notable upcoming additions will be PoS on every supported network for general security, and Sovereign Consensus, for app specific security.
Abacus is a developer platform for building interchain applications. Developers can use Abacus to build applications that share state across multiple blockchains using Abacus' generalized interchain messaging protocol.
Curious to learn more? Read on below
The success of decentralized applications over the past few years has been driven in large part by composability. Composability has allowed applications to function as “building blocks” that can be mixed, matched, and extended in an exponentially growing number of combinations.
But the success of multiple blockchains has created barriers to composability. Because chains are not natively interoperable, applications are only composable within their own ecosystem.