Detailed explanation of the four little dragons of chain abstraction: Omni Network, Cycle Network, Initia, Polymer

From the perspective of LP (liquidity provider), cross-chain bridge can be regarded as a special case of DEX.

According to data from Defillama, the current TVL of the DEX sector is $19.983b, Volume (24h) is $6.918b, Fees (24h)$8.01m, while the current TVL of the cross-chain bridge sector is $23.128b, Volume (24h) ) is $260,156, Fees (24h)$8,642.

This shows how poor the capital efficiency and protocol income of cross-chain bridges are. And because there have been rumors in the market that cross-chains through official bridges will receive airdrop bonuses, the living space of third-party bridges in the field of cross-chain bridges has also been squeezed by L1 and L2 official bridges.

Therefore, chain abstraction has become a life-saving straw for cross-chain bridges to find a way to break the situation.

What is the difference between chain abstraction and cross-chain bridge?

First, the chain abstraction protocol will provide Dapp developers with a unified multi-chain deployment SDK, allowing them to conveniently develop multi-chain Dapps without the need for debugging and deployment one by one. Some chain abstract protocols will also provide unified asset standards for the entire chain. Such as Layerzero, Connext and Omni Network.

Second, the chain abstraction protocol relieves users of the complex operations of managing multiple chains.

Omni Network, Cycle Network, Initia, and Polymer can be called the four little dragons of chain abstraction. Unlike previous chain abstraction projects, they do not introduce a weak consensus system as a relay layer, but share security through A new paradigm that implements cross-domain interoperability (Chain and Rollup are collectively called domains) and chain abstraction with minimal trust assumptions.

Let’s introduce Omni Network, Cycle Network, Initia, and Polymer in order.

Omni Network

Omni Network is a Rollup interoperability protocol built using the economic security and modular paradigm of Restaking. Its main goal is to solve the trend of siloing of RollAPP assets and users in the Ethereum ecosystem, and to provide developers and users with a more convenient application access channel.

The main features of Omni Network include:

• Unified Rollup Integration: Omni Network fixes the fragmentation problem caused by Rollup by integrating all Rollups to form a coherent, Interoperable networks.
• Performance: Omni Network provides a bridge between the L1 settlement layer and L2 isolated rollups.
• Developer Support: Omni Network enables developers to write global applications that span the entire Ethereum Rollup ecosystem. Asset issuers can upgrade their tokens to benefit from global liquidity and application integration available across all Rollups.
• Cross-Rollup Communication: Omni Network makes it easier for users to interact between different networks through fast, low-cost cross-Rollup communication between L2 networks. When users conduct transactions on Omni-integrated protocols, Omni validators are responsible for transmitting messages from one rollup to another, and users can then access all cryptoassets distributed across different networks simultaneously.
• Security: The underlying security of Omni Network is still built on the Ethereum mainnet.

Cycle Network

Cycle Network is a trustless, full-chain distributed ledger that uses Omni State Channel Indexer (OSCI) and Trustless Cross Chain Protocol (TCCP) to build Omni Distributed Ledger (ODL), to accelerate the arrival of the decentralized application-centric era.

The following are the main features of Cycle Network:

• Full-chain distributed ledger: Cycle Network can view the global status view of all blockchains and build a comprehensive view of all blockchains. Chain world state.
• Rollup Extended DA technology: Cycle Network uses Rollup Extended DA technology to achieve native trustless interoperability and solve the problem of cross-domain fragmentation of DApps.
• Developer support: Cycle Network helps developers build full-chain DApps in different ecosystems. Developers have seamless access to data and users across the blockchain landscape, allowing them to focus on innovating dApps and designing superior products to serve all current and future crypto users.
• User Center: Cycle Network can save application developers from deploying contracts on multiple chains, and terminal users will not be aware of cross-chains. This frees developers from the tedious details of layer deployment and users from the complexity of multi-chain concepts.

Initia is a Cosmos-based Layer 1 (L1) network that utilizes application-specific Layer 2 (L2) 12 of Optimistic Rollups. The following are the main architectural features of Initia:

Initia

L1 Base Chain: Initia is an L1 network built within the Cosmos ecosystem.

L2 Application Chains: These are called “Minitias” and are a vital part of the Initia platform.

Communication Layer: Initia leverages Cosmos’ IBC protocol to achieve interoperability between its L2 and other blockchains within the Cosmos ecosystem.

Cosmos SDK: Initia uses the Cosmos SDK, a framework for building blockchain applications in an efficient and modular way.

Celestia и модульная архитектура. Подход Initia к использованию модульного уровня доступности данных (DA) Celestia соответствует философии совместимости и масштабируемости Cosmos.

Интеграция MoveVM: Initia использует MoveVM, который известен своей интеграцией с протоколом межцепочной связи (IBC) Cosmos.

В целом архитектура Initia включает уровни L1, L2 и связи и предназначена для устранения сложностей, возникающих в традиционных модульных и многоцепных системах. Это позволяет разработчикам легко запускать блокчейны для конкретных приложений на основе Initia L2 без необходимости разбираться в сложной инфраструктуре уровня цепочки или запускать набор валидаторов.

Цель Initia — предоставить инфраструктуру, которая объединяет различные типы приложений, упрощает разработку и способствует росту экосистемы.

Initia глубоко интегрирована с экосистемой Cosmos, используя свой технологический стек, принципы взаимодействия и общую модель безопасности для создания полносвязной платформы Rollup с нулевой связью.

Polymer

Polymer — это проект, ориентированный на кроссчейн L2 на Ethereum. Его архитектура в основном состоит из следующих частей:

• Уровень расчетов: Polymer использует OP Stack для построения своего расчетного уровня, поскольку OP Stack обладает масштабируемостью, гибкостью и высокой производительностью, а также безопасной совместимостью с Ethereum.
• Уровень выполнения: уровень выполнения Polymer функционально связан с IBC с помощью Cosmos SDK для подключенных накопительных пакетов.
• Доступность данных: доступность данных Polymer обеспечивается EigenDA, которая по безопасности уступает только Ethereum DA.
• Процесс доказательства: В процессе доказательства Polymer обеспечивается модульным доказательством отказа OP Stack, а также интерактивным доказательством мошенничества и достоверностью ZK.

Особенность Polymer в том, что он ориентирован на удовлетворение потребностей взаимодействия других приложений в Rollup, а не на выполнение самого децентрализованного приложения. Кроме того, Polymer полностью обертывает транспортный уровень и частично обертывает уровень состояния. Транспортный уровень IBC работает на Polymer, а прикладной уровень IBC — на цепочках с поддержкой IBC.

Короче говоря, вышеупомянутые четыре цепных абстрактных дракона в основном построены с использованием модульного решения. Они требуют как безопасности экосистемы Ethereum (Ethereum DA, EigenDA, AVS и т. д.), так и богатых ресурсов, а также совместимости экосистемы Cosmos IBC.

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