Interchain Amplifier Launches Devnet Pilot, Connecting Over 60 Blockchain Networks
Interchain Amplifier, a groundbreaking blockchain interoperability service developed by Interop Labs for the Axelar network, has officially launched its devnet-phase pilot. This innovative service allows for permissionless connectivity across more than 60 blockchain networks, including major platforms like Bitcoin and Ethereum, revolutionizing the way developers interact with diverse blockchain ecosystems.
Operating via on-chain smart contracts, Interchain Amplifier simplifies the process of integrating new chains, enhancing operational efficiency and democratizing cross-chain interactions. This setup leverages Axelar’s economic security to establish new cross-chain paths quickly, opening up a world of potential use cases, liquidity, and user engagement across interconnected blockchains.
The pilot program has already attracted notable blockchain networks such as Stacks, Moonriver, Hedera Network, and Iron Fish, showcasing the industry’s enthusiasm for seamless cross-chain integration. These early integration partners are eager to explore the possibilities offered by Interchain Amplifier and pave the way for a more interconnected blockchain landscape.
Sergey Gorbunov, CEO of Interop Labs and Co-founder of Axelar protocol, expressed his excitement about the diverse array of consensus mechanisms driving the interoperability movement. He emphasized the importance of fast, open, and permissionless interoperability in the evolving blockchain space.
With Interchain Amplifier now available on Axelar devnet, the stage is set for its full integration into the Axelar mainnet, pending on-chain vote and approval. This development holds the promise of unlocking new avenues for scalability, liquidity, and cross-chain collaboration in the burgeoning Web3 landscape.
For more information on Interchain Amplifier, you can read the documentation on the Axelar website.
