Today, we're proud to unveil the StripChain whitepaper, our groundbreaking full-stack intent-based interoperability protocol that fundamentally transforms how blockchain systems communicate and interact across ecosystems. Scroll down to read the whitepaper.
The first interoperability standards were designed to work at the protocol level, connecting assets and data across blockchains built on the same infrastructure. This included Polkadot's XCMP framework and Cosmos's IBC stack.
The second wave of interoperability emerged through contract-level communication enabled by protocols such as LayerZero and Axelar. This connected individual applications to exchange data between contracts on different ledgers.
StripChain brings forward a revolution in connectivity and communication by creating a unified execution layer that connects different blockchains through StripVM, allowing data to flow seamlessly between blockchains and applications. It also connects assets across different ledgers and systems through its unified liquidity layer.
StripChain makes existing applications interoperable through StripSolvers and connects them to the interchain through StripVM. It proposes a framework called StripIntents to build omnichain applications, enabling multichain operations to flow between different blockchains using StripSolvers.
StripChain not only revolutionizes how data flows from one blockchain to another but also taps into its unified liquidity layer, connecting different blockchains to enable value connectivity across ecosystems. It enables the exchange of assets between BTC and XRP, SOL and XRP, or any other chains that StripVM connects with at an unprecedented scale.
StripChain ensures that both data and assets are connected across heterogeneous blockchains at scale while enabling developers to build omnichain applications on top of StripVM.
StripChain enables cross-chain connectivity and computation along with asset fluidity across different blockchains, creating a new framework to build chain-abstracted applications.
StripChain achieves this through:
Connectivity Layer: Powered by StripVMComputation Layer: Enabled through StripSolvers, StripVM, and StripIntentsExecution Layer: Composed of StripAccount
Alongside enabling data connectivity, StripChain also enables asset fluidity across different blockchains via its unified liquidity layer, utilizing StripChain's Layer 3 blockchain for swap data, the universal lock-and-mint bridge, and StripIOs acting as system validators.
StripChain is powered by its native STRIP token, the most important infrastructure component of the ecosystem. The STRIP token provides crypto-economic security to StripChain validators, underpinning the entire ecosystem. It also serves as the gas token for StripChain's L3 blockchain.
StripChain is currently expanding its community. The protocol is already running on private testnet, with a public testnet release planned very soon. More information will be available shortly.
Access the whitepaper: StripChain Whitepaper
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