Synapse: Enhancing Cross-Chain Interoperability

November 24, 2022, 11:54AM EST

• 8 min read

Quick Take

Synapse is a cross-chain interoperability protocol that enables composability across different chains.
The Synapse bridge leverages the protocol to enable cross-chain asset swaps and transfers.
Synapse’s V2 upgrade introduces optimistic verification and the Synapse chain, which is an Ethereum-based optimistic rollup.
Synapse’s native token, SYN, will be used to secure the chain and incentivize optimistic verification participants.

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Source: https://www.theblockresearch.com/synapse-enhancing-cross-chain-interoperability-187894?utm_source=rss&utm_medium=rss