Everything you need to know about the future of cryptos
The Axelar interoperability network project makes the transfer of crypto-assets and information between major blockchains simple. Recently, Axelar’s team has announced the launch of its Mainnet in February 2022.
This project was born out of the necessity of interoperability between the various blockchains, which was a major obstacle to the democratization of cryptocurrencies. This is where Axelar comes into play. To put it simply, Axelar creates a dedicated network that makes exchanges between different networks easy and totally secure.
On the official website, we can read the announcement of the network deployment, which will take place in February 2022. The interoperability (specifics) between the different networks is well documented in the public announcement and in the WhitePaper. The transfer of crypto assets and information between Ethereum, Fantom, Terra, and Avalanche chains will be available from the launch.
Good news for developers! A revolutionary feature that comes with the launch of the main net is the new API and SDK, which will allow them to create dApps and applications based on interoperability.
And other integrations and networks will soon follow, such as Polygon, Cosmos, and Polkadot, which by the way, are already being tested.
With the success of its Series A financing round in 2021, Axelera seems to have earned the support of many major corporations and key investors. In addition, with the Quantum community program, everyone can participate in the evolution of the project, which makes it possible to know the expectations and difficulties of the community. This is a major factor that contributes to the success of a projet.
