platform for Ethereum scaling and infrastructure development, and Wanchain, a decentralized blockchain interoperability solution, have announced a strategic partnership that will drive further adoption of layer-2 cross-chain bridges.Polygon, a
Wanchain will now deploy direct decentralized cross-chain bridges connecting Polygon with . This layer 2-to-layer 2 bridge will enhance Polygon’s growing suite of solutions, including Polygon Hermez, Polygon PoS, Polygon SDK, and Polygon Avail. Arbitrum
The partnership marks the first instance of using decentralized liquidity pools for a cross-chain bridge. This approach differs fundamentally from the industry-standard Lock-Mint-Burn-Unlock approach previously formalized by Wanchain.
“We recognized that needing to pass through Ethereum when moving from one layer-2 to another is self-defeating. Wanchain’s new L2 bridges preserve the high transaction throughput and low costs of Polygon while remaining efficient […]”
– Li Ni, Wanchain VP of Business Development and Operations
Wanchain’s cross-chain infrastructure already supports Bitcoin, Ethereum, Wanchain, EOSIO, Binance Smart Chain, Litecoin, XRP Ledger, Moonriver, Avalanche, and Polkadot.
“By extending inroads between Abritrum and Polygon PoS, the cross-chain bridge will facilitate better liquidity and utility for users while fostering greater overall interoperability and growth for the Ethereum ecosystem.”
– Sandeep Nailwal, Co-Founder at Polygon