What is AXELAR

7pdm...2umm
10 Jan 2024
24

What is Axelar?

Axelar delivers secure cross-chain communication for Web3, enabling you to build Interchain dApps that grow beyond a single chain. Secure means Axelar is built on proof-of-stake, the battle-tested approach used by Ethereum, Polygon, Cosmos, and more. Cross-chain communication means you can build a complete experience for your users that lets them interact with any asset, any application, on any chain with one click.

Blockchain systems are quickly gaining popularity and attract new use cases for asset tokenization, decentralized finance, and other distributed applications. Several major platforms such as Ethereum, Monero, EOS, Cardano, Terra, Cosmos, Avalanche, Algorand, Near, Celo, and Polkadot offer distinct features and development environments that make them attractive for different applications, use-cases, and end-users. However, the useful features of each new platform are currently offered to less than 1% of the ecosystem’s users, namely the holders of the native token on that platform. Can we allow platform developers to plug in their blockchains to other ecosystems easily? Can we enable application builders to build on the best platform for their needs while still communicating across multiple blockchain ecosystems? Can we allow users to interact with any application on any blockchain directly from

Write & Read to Earn with BULB

Learn More

Enjoy this blog? Subscribe to gultek39

1 Comment

B
No comments yet.
Most relevant comments are displayed, so some may have been filtered out.