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Avalanche now a fully interoperable L0 network

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by COINS NEWS 90 Views

With the release of Teleporter, Avalanche has become a seamlessly linked network of many chains that communicate so smoothly they feel like a single chain. With Teleporter, Avalanche blockchains can share any type of information with one another. Tokens, NFTs, oracle price feed data – any message can be communicated in a smooth, coordinated manner. For instance, Teleporter enables developers to build cross-chain swaps or create gaming environments where one Subnet can unlock features in another. It allows institutions to use USDC as the native gas token of a Subnet.

Teleporter gives Web3 builders an extensive, audited framework and abstracts away AWM’s signing and verification. It empowers developers to easily call contracts on other EVM chains within the Avalanche network, including the Avalanche C-chain, and makes developing Avalanche dApps extremely straightforward.

https://www.avax.network/blog/teleporter-makes-avalanche-a-fully-interoperable-l0-network

submitted by /u/Dalek_Fred
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