par SUPRA (EPA:SUPR)
CORRECTING AND REPLACING: Supra Introduces a Cross-chain Bridgeless Technology — HyperNova — that Enables Secure Blockchain Interoperability
SUPRA CORRECTING AND REPLACING: Supra Introduces a Cross-chain Bridgeless Technology — HyperNova — that Enables Secure Blockchain Interoperability
Zug, Switzerland | August 29, 2023 03:54 PM Eastern Daylight Time
Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of HyperNova, its new bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology allows blockchains to connect interoperably without the need for a centralized bridge. “HyperNova is a major breakthrough for the blockchain industry,” said Joshua Tobkin, CEO of Supra. “It eliminates the need for centralized bridges, which can be a single point of failure and a major vulnerability in Web3. HyperNova’s bridgeless technology makes blockchain connections more secure, reliable, and scalable via L1 to L1 cryptographic consensus.” HyperNova bridgeless technology works by using Supra’s novel, low-latency, consensus algorithm, known as Moonshot Consensus, to understand the underlying cryptographic signatures of interacting chains. This allows Supra to provide a secure, reliable, and scalable cross-chain consensus that is strictly better than traditional bridge designs.
Dear customer, if you don't see the video, click here
Supra’s HyperNova offers a number of benefits over traditional centralized bridges, including: Bridgeless tech can be used for a variety of use cases, including:
Use Cases for Supra’s HyperNova Bridgeless tech can be used for a variety of use cases, including:
About Supra Dr. Aniket Kate, inventor of KZG Commitments utilized in Ethereum L2 Data Availability solutions, and the Supra team are diligently composing new whitepapers, so there are still many novel solutions in the pipeline soon to be publicized. To learn more about Supra and participate in their gamified learn-to-earn program, visit Countdown to Blastoff. Lastly, sign up for the whitelist for an opportunity to be notified in advance of any possible future token offerings and for more alpha. Supra is building a low-latency interoperability infrastructure to provide Web3 capabilities that traditional blockchain designs lack. Supra, as a vertically integrated IntraLayer™, enables a shared security paradigm across a variety of oracle services. This includes securing external data on-chain, cross-chain consensus via their bridgeless HyperNova, automation, VRF, smart contract execution, and more. After thousands of hours of R&D and simulations, Supra’s technical breakthroughs are solving the Oracle Dilemma and optimizing network performance across the board in terms of security, throughput, time to finality, composability, and programmability. Supra has taken an academic approach to development, which has been an integral part of the organization’s commitment to advancing Web3 performance and security. This is characterized by a commitment to deep research, transparency, and going through a rigorous peer-review process in every design and product released.
Contact Details
Eli Phoenix
Company Website
Dissemination of a CORPORATE NEWS, transmitted by EQS Group. |
1714367 30-Aug-2023