Introducing Synapse Protocol
Synapse is a universal interoperability protocol that enables secure cross-chain communication.
Synapse connects blockchains by offering an extensible cross-chain messaging protocol that supports assets, smart contract calls, and more. By leveraging Synapse, blockchains can easily and securely interoperate with each other and developers can build truly cross-chain applications including cross-chain DEX, lending platforms, margining systems, derivatives markets, yield aggregators, and much more.
The Synapse Protocol is comprised of a messaging framework and an economically secure method to reach consensus on the validity of cross-chain transactions. Synapse provides an extensible set of smart contracts that can be deployed on any blockchain which developers can leverage to build truly native cross-chain applications. Synapse offers interoperability support between every blockchain implementation, be it monolithic base layers, roll-ups, or application-specific chains.
The first application built using the protocol (Synapse bridge) enables users to swap assets across the most widely used EVM and non-EVM compatible blockchains. Synapse currently supports the deepest set of cross-chain liquidity out of any of the other interoperability solutions.
Synapse as a base layer protocol has three main components:
- 1.Generalized Cross-chain Communication
- 2.Optimistic Security Model
- 3.Synapse Bridge