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
Donald Trump uses Bitcoin to buy burgers at NYC bar
Google Cloud Unveils Blockchain RPC Service: What It Means for Adoption
Critical FED Interest Rate Decision Expected in Bitcoin Today! What Time Will It Be Announced? Here Are the Expectations and Things to Know!
While the FED's interest rate decision is awaited in Bitcoin today, it remains unclear whether the FED will reduce interest rates by 25 basis points or 50 basis points.
Last Minute Interest Rate Announcement from BofA and Two Companies – Here is the Decision They Expected Just Ahead
Analysts from BofA and two other firms shared their latest expectations for the Fed's interest rate decision, which is now just minutes away.
Trending news
MoreCrypto prices
More
