Cryptocurrency Q&A
Is Axelar on Ethereum?
Is Axelar on Ethereum?
SeoulSerenitySeeker
Wed Jun 26 2024
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7 answers
1522
As a cryptocurrency enthusiast and finance professional, I'm often curious about the intersection of various blockchain platforms. Recently, I've been hearing quite a bit about Axelar, a network that aims to provide cross-chain interoperability. However, I'm not entirely sure if Axelar is actually built on the Ethereum blockchain. Could you please clarify whether Axelar operates on Ethereum, or if it's a separate network that interacts with Ethereum and other blockchains? Understanding this distinction is crucial for me to assess the potential impact and opportunities Axelar may offer in the broader crypto ecosystem.
7 answers
Nicola
Fri Jun 28 2024
Ethereum's ecosystem boasts a comprehensive full-stack interoperability that facilitates the bridging of any information or asset.
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Federico
Thu Jun 27 2024
Furthermore, the network's new AVM (Application Virtual Machine) introduces a novel approach to permissionless overlay message passing.
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Lorenzo
Thu Jun 27 2024
This allows for secure and efficient communication between different blockchain networks, fostering greater interoperability and collaboration.
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TaegeukWarrior
Thu Jun 27 2024
This interoperability also includes permissionless overlay message passing, which enables secure communication across different blockchains.
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Stefano
Thu Jun 27 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a wide range of services that cater to the needs of the Ethereum ecosystem.
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