Connext
Connext Network DeFi is an ambitious crypto-project that combines blockchains and creates inter-network liquidity to enable fast and network-independent transactions. Currently, the project is about to launch an Amarok update and is getting ready to issue its own NEXT token.
All edits by Kate Coin
Connext
Connext enablesis the interoperability betweenprotocol of L2 Ethereum blockchains.
Connext is a crosschain liquidity network that enables fast, fully-noncustodial transfers between EVM-compatible chains and L2 systems.
Connext enables sending value and calling contracts across Ethereum-compatible chains and L2s. It is the only interoperability system that does this cheaply and quickly without introducing any new trust assumptions. Connext is aimed at developers who are looking to build bridges and other natively cross-chain applications. To date, over $900m in transactions have crossed the network.
You can use Connext to send transactions of value or calldata across chains and/or rollups. Unlike most other interoperability systems, Connext enables this without introducing any new trust assumptions or external validators.
Note that the current version of Connext cannot be used pass arbitrary event data between chains (i.e. prove to chain B that something occurred on chain A) as this cannot be done in a trust-minimized way in the evm except by incurring the 1-week exit window of existing rollup bridges.
This means that cases like migrating a token from chain A to chain B are not supported - you can instead only swap/transact over liquidity that already exists on the chain.
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