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I'M QUITE INTERESTED IN YOUR PROJECT ONCE I KNOW O3SWAP & POLYNETWORK IN POLYGON ICEAGE MINING FIRST TIME, HOWEVER, OPEQUE SOURCE CODE AND LACK OF TRANSPARENCY MADE ME TOO SCARE TO APPROACHING. FINALLY, CATASTROPHE HAPPENED, SO SAD AND SOOOOO DISAPPOINTED. THE WHOLE THING RUINED MY NORMAL LIFE. I DON'T WANT TO FOCUS THIS OR GET INTO THIS ANYMORE. FIN.
Cross-chain Contract Call Sometimes we will encounter a situation such that different modules of a DAPP may be deployed on different chains. How does a user from a chain call modules on other chains? And how do different modules interact if chain A needs to know the result of chain B to proceed to the next step? Our solution distinguishes the cross-chain read operations and cross-chain write operations. Users can get the status of the destination chain at a specific block height from the source chain by using a read operation. Users can send a transaction to the destination chain (transfer assets, call a contract or some other operations) by initialing a write operation. The combination of read and write operations enables interaction between cross-chain contracts. Different from some current popular cross-chain solutions, our solution does not require the participant chain to follow the unified cross-chain protocol standard at the initial design level of the underlying platform. Of course, the unified cross-chain protocol standard can be used to constrain the future chain. But for many existing public chains, it is impractical to make changes in the underlying layer to conform to the cross-chain standard. Our two-phase protocol is suitable for most of the existing blockchains and it is a universal solution in the true sense. Conclusion In this cross chain project, we outlined our core structure based on Read and Write operation to implement the interoperation between blockchains. This project can remove the barrier of information silos and improve the user experience when using and developing DApps. We have provided a precise proof for the safety of this cross chain project. We briefly talked about some new strategies to optimize our cross chain solution for further development. We have drafted an economic model for incentivizing relayers to make our network better. We are devoting ourselves for a better blockchain network, and we hope our project will be a big step in the development process of Web 3.0. (LOL)
Blockchain technology can make a significant impact on our daily life. Finance, supply chain, identity management, digital assets, and distributed storage are some areas that allow us to see infinite potential of a new generation of decentralized internet protocols. Blockchain can be a reshaping mechanism for social-economic operations. However, due to the massive development of blockchain, the phenomenon of information isolated island is re-emerging. Information exchange and asset replacement between blockchain infrastructures are limited. If blockchains are regarded as isolated computers, then we might as well go back to the nascent era of the internet in the 1990s. At present, the two most representative solutions on the market are Cosmos and Polkadot. Cosmos is mainly a cross-chain protocol for homogeneous chains, and the IBC protocol has not been fully developed yet. In order to build a better next-generation internet infrastructure, we have launched a new cross-chain technology, the Poly Network. Poly Network is based on the side-chain/relay mode and adopts a two-layer architecture. It employs the Poly chain as a cross-chain coordinator, multiple homogeneous chains as crosschain transaction executors, and Relayer as a cross-chain information porter. By resolving issues such as trust, security and transaction issues of chain data, we have realized a safe, easy-to-use and efficient cross-chain system. Our protocol includes the following two parts: 1. a solution to implement interoperation between blockchains 2. a two-phase commit protocol for atomic cross chain transactions This groundbreaking interoperability protocol mainly has the following advantages: • Wide range of support and strong versatility Support for heterogenous and homogeneous chains, including BTC, ETH, NEO, Ontology and Cosmos. Our protocol can quickly support other heterogeneous chains and don’t need to make a lot of changes to the underlying architecture. For the heterogeneous chain that are already supported, the homogeneous chain fork from the chain can join in seamlessly. • Easy to join in If the underlying architecture of the chain supports smart contract, only two contracts need to be deployed to support cross-chain. If not, only two additional functional modules need to be added. • Support atomic transaction Our protocol aims to achieve the ultimate and atomic nature of cross chain transactions, with a focus on cross chain smart contract interactions to extend the scope of application scenarios for decentralized applications. • Support cross-chain of arbitrary information Our protocol is not limited to cross-chain of assets, it will support crosschain of arbitrary information. • Security Enhancement Our protocol is based on cryptography, and adds a complex set of mechanisms at the technical and operational levels to enhance the security of cross chain transactions and interactions. • Eco Friendly Our protocol is designed for cross chain, and neither issuing tokens nor a dedicated smart contract system, it is more able to deal with compliance issues, the alliance chain and private chain can also join in.