• Supra, a leading blockchain organization, has created HyperNova – a new bridgeless technology that facilitates cross-chain communication directly via layer one consensus.
• HyperNova eliminates the need for centralized bridges and provides increased security, improved scalability, and enhanced capabilities.
• Bridgeless tech can be used for various use cases such as cross-chain DeFi and gaming.
Supra Introduces Cross-Chain Bridgeless Technology
Supra is a leading blockchain organization that provides oracle and VRF (verifiable random function) services. It recently announced the creation of HyperNova – its new bridgeless technology that enables secure blockchain interoperability without the need for a centralized bridge. This groundbreaking new methodology allows blockchains to connect interoperably via layer one consensus, providing increased security, improved scalability, and enhanced capabilities.
HyperNova Enhances Security
HyperNova’s bridgeless technology works by using Supra’s low-latency Moonshot Consensus algorithm to understand the underlying cryptographic signatures of interacting chains. This eliminates the need for a centralized bridge which can be a single point of failure and major vulnerability in Web 3.0. Instead, it verifies cryptographic signatures of source and destination chains, making connections more secure at layer one level.
Benefits of Bridgeless Tech
Bridgeless technology offers numerous benefits over traditional centralized bridges including: increased security; improved scalability due to Supra being able to handle many cross-chain consensus requests simultaneously; and enhanced capabilities such as enabling novel cross-chain use cases not possible through bilateral solutions.
Use Cases for Bridgeless Tech
Bridgeless tech can be used for various use cases such as: cross-chain DeFi – allowing users to transfer assets and interact with DeFi applications across different blockchains; and cross-chain gaming – allowing players to play games on multiple blockchains without any central authority or intermediary involved in gameplay data processing or storage.
Conclusion
Supra’s HyperNova bridgeless technology is a major breakthrough for the blockchain industry as it eliminates the need for centralized bridges while improving security, scalability and capability compared to traditional methods of connecting different blockchains together. It also offers various use cases such as enabling cross-chain DeFi platforms and gaming experiences on multiple blockchains without relying on any third party intermediaries or authorities
