🌌 What is Wormhole (W)?
🪐Key Points 📚🚀 Interoperability: Connects multiple blockchains.🛡️ Secure & Scalable: Uses the Guardian Network.🔧 Open-Source Tools: Offers Queries, NTT, Messaging.🌉 Wide Application: Powers DeFi, NFTs, and more.Wormhole Basics 🤔
Wormhole lets different blockchains talk to each other, enabling seamless cross-chain applications. It supports over 200 apps and 1M+ wallets across 30+ blockchains. 🌐
Architecture 🏗️
On-chain:
📤 Emitter: Sends messages.📝 Core Contracts: Logs messages.📜 Transaction Logs: Verifies activities.
Off-chain:
🛡️ Guardian Network: 19 validators for security.🚚 Relayers: Deliver messages.
Product Suite 🎛️
Application Layer:
🌉 Wormhole Connect: Easy asset transfers.🛠️ Wormhole SDK: Developer tools.
Infrastructure Layer:
🪙 Native Token Transfers (NTT): Manage tokens.🔍 Wormhole Queries: Cross-chain data.📨 Wormhole Messaging: Secure communication.
MultiChain Apps 🔗
Allbridge Core: Stablecoin swaps.C3: Self-custody exchange.Hashflow: Multichain DEX.Jupiter: Solana aggregator.Mayan: Cross-chain swaps.Portal: Bridges assets on 30+ chains.
W Token & MultiGov 🏛️
W Token: For governance and transactions.MultiGov: Decentralized, cross-chain governance.
By the Numbers 📊
1B+ Messages 📩$42B+ Assets Transferred 💸