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What if your blockchain is different to mine?
Learn about a groundbreaking protocol for secure cross-chain token transfers without bridges or third parties, using a novel 'packet' system for seamless blockchain interoperability.
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The protocol allows tokens to be transferred across different blockchains without bridges or third parties, using a new concept called “packets”
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Packets contain inputs (previous owner reference and signature) and outputs (recipient public key and blockchain output reference), enabling secure peer-to-peer transfers
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The system works by utilizing two common properties across blockchains: immutable databases and double-spend protection
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Users only need to deal with their preferred blockchain’s native currency for fees, without needing accounts or tokens on other chains
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The solution avoids the security risks and complexity of traditional blockchain bridges, which have been vulnerable to major hacks
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Transfers between chains are as simple as transfers within the same chain, improving user experience and reducing friction
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The protocol provides stronger privacy controls than native blockchains and can be made completely private using zero-knowledge proofs
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Implementation is flexible and can work with any blockchain that has some form of double-spend protection
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The system can be particularly useful for CBDCs, cross-border payments, gaming assets, and other applications requiring cross-chain functionality
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The protocol is open and available for immediate use, with complete technical documentation accessible for verification