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Ethereum layer 2 Mantle Network taps Chainlink to strengthen cross-chain capabilities

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Credit : cryptonews.net

Mantle Community, a layer 2 answer from Ethereum, has adopted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to strengthen its cross-chain capabilities, aiming to offer builders with a safe and dependable infrastructure to deploy dApps throughout a number of blockchains to construct.


CCIP promotes seamless and dependable switch of information and worth throughout totally different blockchain networks, permitting Mantle to effectively hook up with a number of blockchains. Interoperability is essential for increasing the attain of dApps and enhancing customers’ entry to a wider vary of providers and liquidity.

The mixing permits builders to “create cutting-edge cross-chain purposes and higher advance the blockchain trade,” mentioned Johann Eid, Chief Enterprise Officer at Chainlink Labs.

“Mantle is an ecosystem that encompasses so lots of the artistic options we see in our trade. The adoption of Chainlink CCIP is thrilling as a result of it represents an essential step ahead in driving innovation and increasing the multi-chain ecosystem,” mentioned Eid.

By adopting Chainlink’s CCIP, Mantle positive factors entry to a number of key options, together with confirmed safety via Chainlink’s decentralized oracle networks, which have secured billions in sensible contracts and enabled greater than $16 trillion in on-chain transaction worth.

The protocol additionally presents programmable token transfers, safe token pool contracts, and random messaging capabilities for cross-chain communications.

“We’re very excited to undertake the Chainlink normal. CCIP additional strengthens our dedication to delivering sturdy infrastructure for our ecosystem builders. This adoption enhances Mantle’s cross-chain capabilities and strengthens our alignment with Chainlink’s in depth ecosystem,” mentioned Mark Veer, head of BD at Mantle.

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The implementation comes with extra options comparable to charge limits for token transfers and permits builders to encode a number of directions into separate messages for advanced multi-chain duties. The protocol is designed to assist future updates, together with new blockchain integrations and superior functionalities.

A number of initiatives, comparable to Ethereum’s layer 2 blockchain mode, have adopted Chainlink’s CCIP as an ordinary for cross-chain interoperability, increasing its capabilities in decentralized finance and real-world asset purposes.

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