Astar Network announced it will soon integrate Chainlink's Cross-Chain Interoperability Protocol (CCIP) into its smart contract platform. This integration aims to support developers from various blockchain ecosystems to build and scale their decentralized applications (dApps) on the Astar Network securely, using the same infrastructure powerful provided by CCIP.
Chainlink CCIP helps developers create secure applications capable of transferring tokens, sending messages, and performing actions across multiple blockchains. By using CCIP, developers can perform cross-chain token movements seamlessly, benefiting both users and smart contracts. The protocol's arbitrary messaging capabilities also enable the development of complex smart contracts, which transfer data and execute commands on smart contracts deployed on other blockchains. This makes CCIP an important tool for developers looking to create interactive and efficient blockchain solutions.
Designed with a deep security approach, Chainlink CCIP is powered by Chainlink's industry-standard oracle networks. These networks have proven effective, protecting tens of billions of dollars and supporting over $12 trillion in on-chain transaction value. Notably, CCIP stands out as the only interoperable protocol that offers level 5 cross-chain security, including additional layers of protection through the Risk Management Network.
Key features and benefits of CCIP include:
Deep security: Using Chainlink's oracle network, which already supports $12 trillion in on-chain transaction value, CCIP also integrates additional layers of protection through the Risk Management Network and transfer rate limits.
Programmatic Token Transfer: Allows sending tokens and commands to a receiving smart contract on another blockchain, with capabilities such as swapping or staking assets upon arrival.
Simplified Token Transfers: CCIP's plug-and-play solution includes audited token pool contracts, managing the complexities of cross-chain token operations, along with additional security features such as rate limit.
Seamless integration: Provides a unified, easy-to-integrate interface for cross-chain development, simplifying the process of building secure cross-chain applications.
Reliable transaction execution: Guaranteed transaction execution regardless of gas fee spikes and network congestion on the destination chain through a gas lock fee payment mechanism.
Expanding and future-proofing: CCIP will continue to evolve, supporting new blockchains, enhanced functionalities, and additional security measures.
These security-focused features will enable Astar Network developers to future-proof their applications, consolidate liquidity, and securely enhance user experience across chains. By integrating native cross-chain tokens or using cross-chain collateral to consolidate liquidity in multi-chain applications, Chainlink CCIP will open up innovative use cases on Astar Network, accelerating applications and advanced cross-chain services.
Maarten Henskens, Head of the Astar Foundation, commented: “The integration of Chainlink CCIP will mark a major milestone in our commitment to provide leading infrastructure for Web3 developers building dApps. Chainlink will help developers in the multi-chain ecosystem securely scale and innovate on Astar Network. We look forward to the innovative solutions our developer community will build with CCIP, the blockchain interoperability standard.”
Chainlink is the leading decentralized computing platform, providing a verifiable web. By providing access to real data, offchain computation, and secure cross-chain interaction, Chainlink has supported over $12 trillion in transaction value. It supports multiple sectors, including banking, DeFi, global commerce, gaming, and many more, helping to create high-integrity markets and verifiable applications.
Source: https://tapchibitcoin.io/astar-network-tich-hop-chainlink-ccip-de-nang-cao-he-sinh-thai-chuoi-cheo.html
