Interchain Amplifier Demonstrates Permissionless Cross-Blockchain Connections

Key Takeaways

• Interchain Amplifier facilitates seamless interactions across diverse blockchain ecosystems by allowing permissionless connections across 60+ blockchain networks, including major networks such as Bitcoin and Ethereum.
• The service operates via on-chain smart contracts, improving integration and operational efficiency.
• This setup leverages Axelar’s economic security to rapidly build new cross-chain pathways and enhance potential use cases, liquidity, and user engagement across interconnected blockchains.

Interchain Amplifier, a blockchain interoperability service developed by Interop Labs for the Axelar network, has launched a devnet phase pilot, attracting notable blockchain networks such as Stacks, Moonriver, Hedera Network, and Iron Fish. Enables permissionless connections across 60+ blockchain networks, including major platforms such as Bitcoin and Ethereum.

This innovative service provides solutions for seamless cross-chain integration, allowing developers to overcome limitations imposed by disconnected ecosystems. Leveraging smart contract-based technology, Interchain Amplifier simplifies and democratizes the process of integrating new chains, laying the foundation for a more interconnected blockchain environment.

Sergey Gorbunov, CEO of Interop Labs and co-founder of the Axelar protocol, commented on the various consensus mechanisms driving the interoperability movement. “The excitement around Bitcoin L2 and other new blockchain approaches has now found an outlet,” he said. “We are excited to see a diverse group of consensus mechanisms leading the transition to fast, open, and permissionless interoperability.”

The pilot program, led by Interop Labs, has attracted forward-thinking project executives eager to explore the possibilities offered by Interchain Amplifier. Among these early integration partners, Stacks stands out as a Bitcoin-based layer 2 smart contract platform that offers strong security and a wide range of applications.

Mitchell Cuevas, Executive Director of the Stacks Foundation, highlighted the potential to transcend ecosystem boundaries and foster innovation across diverse blockchain environments.

Moonriver, a Polkadot parachain known for its role as a testing ground for the Polkadot Kusama network, has also joined the ranks of early adopters of Interchain Amplifier.

Aaron Evans, Head of Operations at the Moonbeam Foundation, hailed the initiative as a catalyst for building a rich and interconnected blockchain ecosystem, aligning seamlessly with Moonriver’s vision to foster innovation and accessibility.

Hedera Network, prized for its unmatched performance, security, and compliance, sees interoperability as the cornerstone of Web3 mass adoption.

Elaine Song, Vice President of Strategy at HBAR Foundation, highlighted the pivotal role of Axelar and Interchain Amplifier in advancing Hedera’s institutional DeFi strategy and extending the benefits of the network to users around the world.

Iron Fish, a pioneer in chain-agnostic privacy solutions, brings its expertise in zero-knowledge proof cryptography to the Interchain Amplifier ecosystem.

Elena Nadolinski, founder and CEO of Iron Fish, highlighted the platform’s ability to provide a comprehensive layer of privacy across all supported chains and enhance security and confidentiality for both users and assets.

With the Interchain Amplifier now available on the Axelar devnet, the stage is set for full integration into the Axelar mainnet, pending on-chain voting and approval. By seamlessly connecting different blockchains, Interchain Amplifier promises to open new avenues for scalability, liquidity, and cross-chain collaboration in the rapidly growing Web3 environment.

For more information, read the Interchain Amplifier documentation https://docs.axelar.dev/dev/amplifier/introduction

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