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Bridging Blockchain for Finance in Zurich on July 1 — TradingView News
Coindar
Axelar Foundation director and co-founder Georgios Vlachos is scheduled to speak at Interoperability Unlocked: Bridging Blockchain for Finance in Zurich on July 1.
Refer to AXL official tweet:
Axle information
Axelar is designed to facilitate secure cross-chain communication for Web3, serving as an essential tool for builders of decentralized applications (dApps). The project provides a decentralized network that facilitates seamless interaction between different blockchain platforms. Axelar’s system is made up of three main components: a decentralized network, a software development kit filled with protocols and APIs, and gateway smart contracts that enable cross-chain connectivity. Its mission is to simplify and improve communication between chains while maintaining security and flexibility.
Axelar’s operation revolves around its decentralized network of validators, powered by a proof-of-stake (PoS) consensus mechanism. Application creators can use a simple API that routes messages and ensures network security. What sets Axelar apart is its secure cross-chain communication on dynamic validators, claiming to be unique in building such capabilities on a PoS system.
AXL is the native token of the Axelar network and it plays a vital role in the ecosystem. The Axelar protocol also facilitates the cross-chain transfer of various native tokens, including AVAX (Avalanche), ETH (Ethereum), FTM (Fantom), GLMR (Moonbeam), and MATIC (Polygon), via their wrapped ERC. -20 versions.