Bitcoin, Polkadot, Hedera do the activity

Bitcoin, Polkadot, Hedera Interoperability Protocol Takes Significant Step Forward



The introduction of the Interchain Amplifier by Interop Labs marks a major step forward in achieving widespread interoperability across blockchain networks.

This innovative tool not only facilitates Bitcoin interoperability, but also improves connectivity between major blockchain platforms, including Polkadot and Hadera.

A big leap in blockchain interoperability

Interchain Amplifier, a smart contract-based toolkit, is a special offering from Acceler Networks. It is designed to simplify the integration of new chains by enabling permissionless connections. It is a critical feature for inclusive Bitcoin interoperability and the development of the broader blockchain ecosystem.

This service is currently in the DevNet stage of testing and optimization before full deployment.

Minergate

The Interchain Amplifier pilot program has attracted early adopters from various sectors in the blockchain industry. For example, Stax, a layer-2 intelligent contract platform built on top of Bitcoin, aims to improve security and supports a wide range of applications from financial services to gaming.

Another key participant in the pilot is Moonriver, the Polkadot parachain that serves as a test environment for developers on the Polkadot Kusama network. Hedera Network, known for its high performance and compliance standards, also joins this initiative.

“Communication is the foundation for mass adoption of Web3. Our common goal is to make all the benefits of DLT accessible to billions. Acceler and Interchain Amplifier's multi-chain access will be key to advancing the Hedera ecosystem's institutional DeFi strategy and connecting the network's speed, scalability and low fixed fees to institutions, creators and consumers around the world. There is the HBAR Foundation.

Read more: What is Blockchain interoperability?

Interchain Amplifier promises to expand use cases and liquidity across participating networks. As these networks seamlessly interconnect, the potential for innovation and widespread adoption of blockchain technology will increase, providing many benefits to the blockchain community.

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