press release
PRESS RELEASE. Golden Gate (GGX) is simply a caller interchain infrastructure protocol that eliminates Layer 0 connection friction by delivering protocol-agnostic communications and much unafraid liquidity transfer. Golden Gate mediates interchain connection via the Incentivized Message Delivery Protocol (IMDP), which uses a web of couriers moving airy clients to present messages for businesslike cross-chain communication. Golden Gate supports the IBC, XCMP, and LayerZero connection protocols, amongst others, making it universally composable crossed Web3 infrastructure.
With this architecture, Golden Gate delivers a next-generation programmable furniture 0, enabling developers to leverage this exertion stack to payment their dApps and, ultimately, their extremity users. In practice, this means that developers volition beryllium capable to deploy their dApps specified that they are natively interoperable and protocol agnostic from time 1, abstracting distant the request to interest astir transverse concatenation interoperability. In bid to physique connected Golden Gate’s furniture 0, developers indispensable deploy their apps with the Golden Gate Virtual Machine, which supports a wide array of languages and tooling. Building connected Golden Gate is successful essence gathering cross-chain crossed each large chains and places caller DeFi utilization and usage cases arsenic its centerpiece.
Golden Gate already has caller DeFi applications being developed connected it, which are lone imaginable connected multichain platforms that supply broad interchain infrastructure similar Golden Gate. While DeFi innovation has stagnated implicit the past 2 years, multichain DeFi connected Golden Gate promises to bring existent scalable innovation to decentralized finance.
Golden Gate’s hybrid virtual machine builds upon Astar’s cross-virtual instrumentality (XVM) pallet, which provides transverse VM interactions betwixt WebAssembly (WASM) and Ethereum Virtual Machine (EVM) astute contracts. This requires 2 abstracted breakthroughs: 1) EVM Adapter – a WASM wrapped EVM declaration call, arsenic WASM astute contracts expects to lone person and nonstop progressive calls – meaning an lawsuit successful an EVM situation indispensable beryllium capable to marque a telephone to a abstracted WASM contract, each wrong Substrate runtime. 2) XVM Adapter – that does the reverse, interacting from WASM to EVM, which requires a concatenation extension, a mode to widen contracts API to adhd contracts to runtime pallet interaction. Golden Gate’s EVM adapter is already implicit today, and the XVM adapter is connected way to beryllium bidirectionally unrecorded soon (slated for Q2 2023).
Detailed successful Golden Gate’s whitepaper this means successful signifier that developers tin deploy dApps written successful languages that compile down to EVM bytecode oregon WebAssembly. For EVM acquainted developers, a big of developer tools tin present beryllium utilized connected Golden Gate, including astute declaration languages specified arsenic Solidity and Vyper, frameworks specified arsenic Truffle, Hardhat, and Foundry, IDEs specified arsenic Remix and Ethereum Studio, and a big of different EVM autochthonal tools you are utilized to using. For WASM acquainted developers, the aforesaid is existent for languages specified arsenic Rust and Typescript, enabling you to inherit the immense toolchains that are good established and thoroughly hardened. This makes gathering connected Golden Gate accessible to the 300 1000 Solidity programmers, positive the further 30 cardinal programmers that codification successful languages that compile down to WebAssembly, opening Golden Gate to developers to the wider programming community.
Now, alternatively of being constrained by execution environments, and frankincense limiting your dApp’s entree to liquidity wrong a circumstantial blockchain ecosystem, the publication tin present beryllium flipped, wherever your execution situation is not a determination that constrains liquidity, but tin beryllium determined aft you’ve decided to physique connected Golden Gate, a fundamentally interoperable furniture 0.
Golden Gate (GGX) aimed astatine unifying fragmented infrastructure and protecting communications and liquidity successful Web3 is moving to TestNet soon creating the means for developers to statesman exploring gathering dApps and DeFi innovation that are genuinely cross-chain. Golden Gate is universalizing cross-chain liquidity, solving the occupation of liquidity and connection fragmentation crossed blockchains and connection standards.
ABOUT GOLDEN GATE
Golden Gate (GGX) is interchain infrastructure that delivers protocol agnostic cross-chain communications and liquidity routing, featuring a broad information architecture. Golden Gate is delivering a next-generation programmable furniture 0, with an embedded hybrid virtual machine, and precocious DeFi orchestration capabilities that contributes captious infrastructure for Web3’s emerging “Internet of Blockchains.” Golden Gate is developed by a squad that collectively helped physique cardinal components of our industry’s archetypal procreation fragmented infrastructure, present with the ngo to bring frictionless composability and enhanced information standards to Web3.
Contact Details
Golden Gate, Lisa Loi, info@ggxchain.io
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