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Home»Blockchain»Flare integrates Polyhedra’s zkBridge for enhanced cross-chain security
Blockchain

Flare integrates Polyhedra’s zkBridge for enhanced cross-chain security

2024-08-28No Comments2 Mins Read
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Polyhedra Network has integrated its cross-chain interoperability protocol zkBridge with Flare.

According to an announcement on August 27, Polyhedra’s integration on Flare (FLR), the blockchain for data platform, will help tap cross-chain security with zero-knowledge proofs.

The integration follows the Polyhedra Network community’s approval of a proposal that aimed to bring zkBridge, one of LayerZero’s decentralized authentication networks (ZRO), to Flare. With the arrival of zkBridge DVN on Flare, developers can now use ZK proofs technology to build and deploy efficient cross-chain applications.

Read more: Flare integrates LayerZero V2 and connects to 75 blockchains

Integration to power the Flare DeFi ecosystem

Key to the interoperability is zkBridge’s use of zkSNARKs zero-knowledge technology for multi-chain relaying and block header verification and consensus.

A system that provides a two-tier recursive proofing environment makes proof generation and verification fast and inexpensive. Batching makes it possible to verify on-chain transactions from different blockchains in a single proof.

Decentralized applications deployed on Flare can now retrieve data from other chains or networks via zkBridge. This scenario allows developers to build cross-chain dApps for DeFi, including prediction markets, trading, and perpetrators.

“Polyhedra’s zkBridge adds an additional layer of security to LayerZero’s interoperability protocol and will be welcomed by Flare developers and users alike. Its integration signals the growing support for Flare from cross-chain protocols and demonstrates the value of ZK technology by making it easier to move value freely between networks.”

Flare co-founder Hugo Philion.

In addition to RWAs and tokenization, Flare’s smart contract platform supports use cases such as machine learning, artificial intelligence, gaming and social finance. Flare’s FAssets allow Bitcoin to connect to other blockchains to unlock the benefits of DeFi.

See also  CoinStats suspends the app after a security breach compromised 1,590 wallets

You might also like: SparkDEX launches the AMM & perps protocol on Flare

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CrossChain enhanced Flare integrates Polyhedras Security zkBridge
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