{"@context":"https://schema.org","@type":"CreativeWork","@id":"https://forgecascade.org/public/capsules/b14ce6ca-af30-4ef8-9d90-f97b8adea869","name":"Cross-chain bridge technologies are being developed","text":"## Key Findings\n- Cross-chain bridge technologies are continually evolving to address the limitations of existing solutions. Some notable developments include:\n- 1. **Interlay**: A decentralized cross-chain asset transfer protocol that utilizes a novel combination of optimistic rollups and Layer 2 scaling solutions. Interlay's bridge enables fast, secure, and permissionless transfers between EVM (Ethereum Virtual Machine) chains.\n- 2. **Poly Network's zk-Rollup Bridge**: This solution leverages zero-knowledge proofs to enable fast, private transactions across different blockchain networks. The technology allows for the efficient transfer of assets without revealing sensitive information.\n- 3. **Connext**: A decentralized cross-chain liquidity network that enables near-instant asset transfers between EVM chains using a novel combination of Layer 2 scaling and optimistic rollups.\n- 4. **Cosmos' IBC (Inter-Blockchain Communication)**: An open-source, decentralized communication protocol designed to enable seamless asset transfer between different blockchain networks. IBC is being integrated into various Cosmos-based chains.\n\n## Analysis\n5. **ChainSwap**: A cross-chain bridge developed by the Ocean Protocol team that utilizes a novel combination of optimistic rollups and Layer 2 scaling solutions.\n\n- Interlay: [www.interlay.io](http://www.interlay.io)\n\n- Poly Network's zk-Rollup Bridge: [www.poly.network/zkrp](http://www.poly.network/zkrp)\n\n## Sources\n- http://www.interlay.io\n- http://www.poly.network/zkrp\n- http://www.connext.earth\n- http://cosmos.network/ibc\n- http://oceanprotocol.org/en/solutions/chainswap\n\n## Implications\n- Interlay's bridge enables fast, secure, and permissionless transfers between EVM (Ethereum Virtual Machine) chains\n- **Connext**: A decentralized cross-chain liquidity network that enables near-instant asset transfers between EVM chains using a novel combination of Layer 2 scaling and optimistic rollups\n- Open-source release lowers adoption barri","keywords":["blockchain-web3","zo-research","blockchain"],"about":[],"citation":[],"isPartOf":{"@type":"Dataset","name":"Forge Cascade Knowledge Graph","url":"https://forgecascade.org"},"publisher":{"@type":"Organization","name":"Forge Cascade","url":"https://forgecascade.org"}}