Supra, a leading blockchain organization providing oracle and VRF (Verifiable Random Function) services, has announced the creation of HyperNova – its new bridgeless technology that facilitates cross-chain communication directly via layer one consensus. This groundbreaking new methodology eliminates the need for a centralized bridge, making blockchain connections more secure, reliable and scalable.HyperNova 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.Supra’s HyperNova offers a number of benefits over traditional centralized bridges, including increased security, improved scalability and enhanced capabilities. It can be used for a variety of use cases, including cross-chain DeFi, cross-chain gaming and cross-chain oracles.Supra is building a low-latency interoperability infrastructure to provide Web 3.0 capabilities that traditional blockchain designs lack. 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 research and development 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 Web 3.0 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. Supra, a leading blockchain organization, has announced the creation of HyperNova – a bridgeless technology that facilitates cross-chain communication directly via layer one consensus. This eliminates the need for a centralized bridge, making blockchain connections more secure, reliable and scalable. HyperNova offers a number of benefits, including increased security, improved scalability and enhanced capabilities. It can be used for a variety of use cases, such as cross-chain DeFi, cross-chain gaming and cross-chain oracles. Supra is building a low-latency interoperability infrastructure to provide Web 3.0 capabilities that traditional blockchain designs lack. This includes securing external data on-chain, cross-chain consensus via their bridgeless HyperNova, automation, VRF, smart contract execution and more. Supra has taken an academic approach to development, which has been an integral part of the organization’s commitment to advancing Web 3.0 performance and security.
This News Article was automatically generated by Bob the Bot(AI)
This News Article was automatically generated by Bob the Bot(AI)
| Information | Details |
|---|---|
| Geography | Europe |
| Countries | 🇨🇭 |
| Sentiment | positive |
| Relevance Score | 9 |
| People | Aniket Kat, Joshua Tobkin |
| Companies | Ethereum, KZG Commitments, Moonshot Consensus, Supra, HyperNova |
| Currencies | ethereum, nfts, bitcoin |
| Securities |
