Octopus Network releases Omnity, a full-chain cross-chain protocol, supporting cross-chain interoperability with Bitcoin native inscriptions and Ethe
Octopus Network officially released the Lightpaper of its full-chain cross-chain protocol, Omnity, which supports cross-chain interoperability of Bitcoin native inscriptions, runes, as well as Ethereum, Layer2, and application chains, and is planned to be released in April 2024. Omnity is completely implemented by on-chain smart contracts, without relying on any off-chain processes, relayers, or indexers, and is a truly 100% decentralized cross-chain network. It has a fast, low-cost, and good user experience, making it the most ideal cross-chain infrastructure for modular worlds. Omnity and NEAR Restaking built by Octopus Network have achieved perfect cross-chain capabilities and more flexible and secure sharing security protocols, aiming to build a one-stop infrastructure service for Web3 applications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin rally above short-term holder metric has traders calling for new BTC price highs
Has Altcoin Season Started With FED Heat? Legendary Analyst Answers
Cryptocurrency analyst il Capo answered the question of whether the altcoin season has started in his statement.
How Much Will Bitcoin Price Be If Trump Wins, How Much If Harris Wins? Standard Chartered Announces Big Bull Forecast
At what price level will Bitcoin, the world's largest cryptocurrency, be after the US elections? Here are analysts' opinions.
Vitalik Buterin’s Wallet is Active Again: Detected in Onchain Data
Another movement was detected in the cryptocurrency wallets of Ethereum founder Vitalik Buterin. Here are the details.