Polygon and Wanchain announce a strategic partnership. It will accelerate interoperable Blockchain technology development, as well as further adoption and use of Layer 2 cross-chain links.

To cement Polygon’s position as the leading platform of scaling and infrastructure development, Wanchain will deploy direct decentralised cross-chain bridges connecting Polygon and Arbitrum. This Layer 2-to-Layer 2 bridge will complement and enhance Polygon’s growing suite of solutions, including Polygon Hermez, Polygon PoS, Polygon SDK and Polygon Avail.

Wanchain, a decentralised blockchain interoperability solution that connects the world’s isolated blockchain networks, is the only project that enables truly decentralised cross-chain transactions between isolated heterogeneous blockchain networks. Wanchain’s cross-chain infrastructure already supports , Ethereum, Wanchain, EOSIO, Binance Smart Chain, , Ledger, Moonriver, and . The addition of Polygon’s Layer 2 bridges reinforces Wanchain’s position as the world’s most advanced cross-chain solution.

Polygon, Wanchain and others share the same vision of blockchain interoperability. The two envision that Layer 2 solutions can coexist. In order to keep the value of scaling solutions intact, Layer 2 blockchains should allow different Layer 2 systems to permit assets, data and commands to move directly from one Layer 2 to the other.

This is the first time that decentralised liquidity pools are used to power cross-chain links. This is a significant milestone in the progress of blockchain’s industry towards decentralised cross chain function calls. This approach differs fundamentally from the industry standard Lock-Mint-Burn-Unlock approach previously formalized by Wanchain.

Li Ni Wanchain VP Business Development and Operations.

“We recognised that needing to pass through Ethereum when moving from one Layer 2 to another is self-defeating and completely undermines the improved scalability promised by Polygon. Wanchain’s new Layer 2 bridges preserve the high transaction throughput and low costs of Polygon while remaining efficient, versatile and decentralised.”
Sandeep Nailwal is co-founder at Polygon.

“By extending inroads between Abritrum and Polygon PoS, the cross-chain bridge will facilitate better liquidity and utility for ecosystem users on both sides while fostering greater overall interoperability and growth for the Ethereum Ecosystem.”

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