“Across protocol is a novel bridging method that combines an optimistic oracle, bonded relayers, and single-sided liquidity pools to provide decentralized instant transactions from Rollup chains to Ethereum Mainnet”.
Ethereum’s success is also a major deterrent to its growth and scalability. While Ethereum continues to witness growth in terms of users, developers, and other network participants, it also continues to suffer from high transaction fees, slow transaction times, limited processing capacity and reverted transactions.
There have been different solutions to this problem through side-chains and other Layer 2 Solutions. Layer 2 collectively refers to a set of solutions built on top of the Mainnet (Layer 1) designed to address the aforementioned concerns. They help with scalability issues by handling transactions off of Layer 1, inheriting the robust decentralized security model of Mainnet
is undoubtedly the bedrock layer of the crypto verse and a pioneer when it comes to contributing towards the growth and development of the DeFi space. Its success demonstrated by its ability to run dApps powered by smart contracts has led to an unprecedented surge in its demand clogging the network and endangering the economic viability of the projects built on it.
Across Protocol
What if I told you there was a way to get around the confirmation delays, in fact, I will do you one better and tell you a way to avoid it completely.
What do I mean by this?
"solve the problem by insuring transactions. Individuals can profit by guaranteeing that the person lending the funds on L1 will actually send the loan. It turns out that this method of cross-chain transfer is actually cheaper than other bridge solutions. It is faster, and we believe, more secure.”
