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A Peak Into Axelar

Axelar allows for cross-chain communication between different blockchains by providing a decentralized network that uses cryptography and game theory. It enables blockchains to interact and form a larger economy, breaking down barriers and encouraging collaboration. Axelar solves issues like a lack of interoperability between chains by providing tools and protocols like the Cross-Chain Gateway Protocol and Cross-Chain Transfer Protocol that allow seamless cross-chain requests and asset transfers without custom changes. Axelar aims to be a core part of an interoperable decentralized web 3.0 through its infrastructure for cross-chain communication.

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63 views12 pages

A Peak Into Axelar

Axelar allows for cross-chain communication between different blockchains by providing a decentralized network that uses cryptography and game theory. It enables blockchains to interact and form a larger economy, breaking down barriers and encouraging collaboration. Axelar solves issues like a lack of interoperability between chains by providing tools and protocols like the Cross-Chain Gateway Protocol and Cross-Chain Transfer Protocol that allow seamless cross-chain requests and asset transfers without custom changes. Axelar aims to be a core part of an interoperable decentralized web 3.0 through its infrastructure for cross-chain communication.

Uploaded by

Shafee L
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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A PEAK INTO The new cross-chain primitive

AXELAR
WHAT IS AXELAR
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• Allows for cross-chain communication
• Provides a decentralized network
• Uses cryptography and game theory to be secure
• Enables different blockchains to communicate with one another, opening
up the blockchain space and forming one huge economy
• Breaks down SILO’s and encourages community collaboration within the
blockchain space

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WHAT PROBLEM
DO WE SOLVE
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• There are a number of blockchain with different use purposes and
audiences
• Although they may have difference strengths and weaknesses, a common
downside is the lack of interoperability
• This poses problems:
• No cross-chain communication
• Developers can become forced into working on one ecosystem
• Users cannot interact with the widest range of applications

• Axelar solves these issues

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HOW DO WE
SOLVE THE INTER-
OP ISSUE
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• Axelar allows different blockchains to effectively become one, bridging
and merging ecosystems to create a cohesive blockchain industry
• We provide:
• Tools, protocols and APIs that can be accessed by different blockchains for
cross-chain requests
• Transfer protocols
• Cross-border routing
• Communication across sovereign blockchains
• A decentralized network
• Support for developers

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CORE PROTOCOLS
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• Axelar has two Core Protocols to enable smooth cross-chain
communication:
• The Cross-Chain gateway protocol (CGP) allows different blockchains to
connect with each other without custom changes being required
• The Cross-Chain transfer protocol (CTP) allows developers to build application
that can perform cross-chain requests, such as asset transfers

• These two protocols combined provide the tools to create seamless


interoperability and cross-chain communication in a plug and play fashion

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SUMMARY
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Axelar will be a core proponent of the decentralized, interoperable
web3.0 movement, striving to be the go to cross-chain communication
infrastructure

Axelar is backed by leading blockchain and crypto investor firms

Axeler has an all star team with a multitude of knowledge, expertise and
experience both in and outside of the blockchain space

To learn more, visit:


https://axelar.network/
https://medium.com/axelar
https://axelar.academy/

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THANK YOU
By, Chocoblocko

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