Flare Network Launches State Connector To Connect Everything
Flare Network, the coming layer-1 that is built to safely connect to all blockchains, has announced the launch of its State Connector on its Canary network, Songbird.
Flare’s State Connector is an exciting new technical solution for secure universal interoperability, an issue that has long frustrated the entire blockchain industry.
It is a new core Web3 protocol that allows the state of any open system, whether blockchain or non-blockchain, to be proven on Flare and used with smart contracts or relayed to another chain in a trustless, decentralized manner.
It’s faster and safer than any existing solution, such as light client relays with simple payment verification proofs – and it achieves this while maintaining the security of a full node.
The State Connector has been designed to integrate with any other blockchain, no matter their Sybil resistance technique, making it possible for developers to build dApps that can access the value and liquidity of multiple chains with a single deployment. This also opens the door to a truly trustless universal bridge built on Flare. According to DeFi Llama, $21.8B of crypto-assets were locked in bridges as of March 2022, and this is expected to grow dramatically as more secure interoperability technology is developed – such as the State Connector.
Other solutions either require trust in centralized third parties, or they force other chains to conform to their standards – in effect changing the independent chain’s protocol and code so they can communicate. By contrast, the State Connector can directly validate state correctness and withstand safety and liveness attacks on connected L1s, all without requiring a centralized third party or even a code change on the connected chain.
About Flare Network
Flare Network is building a new layer 1 designed to safely connect to all blockchains. Combining EVM compatibility with breakthrough decentralized interoperability protocols, the ‘Flare Time Series Oracle’ and ‘State Connector’, Flare’s technology delivers secure, trustless, universal interoperability with high throughput, low fees and an ultra-low carbon footprint. Flare is scaling Web3 for the next generation and “connecting everything”.
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