Injective integrates Wormhole Bridge to cross-chain accessibility
Injective integrates Wormhole Bridge to cross-chain accessibility
- The worm hole integration of injective enables an even more sophisticated transmission across the entire network, according to the company
- according to Eric chen, CEO of injective labs, the step will also enable cross -chain trading via various networks
The decentralized blockchain network injective announced on Wednesday that it integrated the cross-chain-messaging protocol Wormhole to increase the liquidity and improve the accessibility of its platform.
With the addition of Wormhole, Injective aims to open up more than ten additional layer 1 and layer-2 blockchains, including polygon, algorand and solana by connecting them to its network.
The step is an attempt to make injective from a list -oriented blockchain into a decentralized financial center. The goal is to provide more applications for your own digital assets that can be used beyond their original chain, said Eric Chen, CEO of injective labs, block works in an email.
Wormhole is a generic message-passing protocol that combines high-quality blockchains and enables applications to use the messaging layer to facilitate interoperability between different ecosystems.
The protocol was not impermeable to shameful actors who strived for this, not impermeable exploit when it was the goal of an attack in February.
The focus after integration is to enable applications in other chains to access the injective ecosystem and thus to compose and enable more demanding transmissions-such as arbitrary news, said Chen.
"This integration will help to expand the range of possibilities and functionalities for builders," said Chen. "The first focus is to enable assets from all chains."
Apps developed on injective could open up opportunities for cross-chain trading across various networks or offer returns on Solana-based assets, added the CEO.
Injective is a Layer 1-Proof-of-Stake-Blockchain that is aimed at creating financial applications. His ecosystem advertises the ability to enable developers to use critical defect-based elements such as liquidity, risk, leverage and arbitrary options.
"This integration opens the pool of users who can use an application," said Chen. "It extends the target group area for the developer, which means that a larger market can be created when a product market adaptation is considered."
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The contribution injective integrates the wormhole bridge, the cross-chain accessibility is not a financial advice.