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Daily Cryptex - Crypto News, Articles and Insights > Crypto News > Flare Integrates zkBridge for Enhanced Cross-Chain Security
Crypto NewsDecentralized Finance (DeFI) News

Flare Integrates zkBridge for Enhanced Cross-Chain Security

Burhaan Al Amin
Last updated: August 27, 2024 2:32 pm
Burhaan Al Amin Published August 27, 2024
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Polyhedra Network has integrated its cross-chain interoperability protocol zkBridge with Flare. The integration was announced to enhance secure, cross-chain operations on the Flare blockchain using zero-knowledge proofs.

According to an announcement on Aug. 27, Polyhedra’s integration aims to provide developers on Flare with robust cross-chain security via zkBridge, a decentralized verifier network from LayerZero.

The incorporation of zkBridge on Flare follows the Polyhedra Network community’s approval of a proposal to bring zkBridge’s zero-knowledge technology to the platform. This integration helps developers leverage zkBridge DVN to build and deploy efficient cross-chain applications.

Integration to Boost Flare DeFi Ecosystem

Key to the interoperability is zkBridge’s use of zkSNARKs for multi-chain relay and verification of block headers and consensus. This allows for fast, low-cost proof generation and verification.

A system offering a 2-layer recursive proof environment enables on-chain verification of transactions from different blockchains into a single proof. This batching mechanism ensures efficient cross-chain operations.

Decentralized applications on Flare can now access data from other chains or networks via zkBridge, enabling the creation of cross-chain dApps for various DeFi use cases, including prediction markets, trading, and perpetual contracts.

“Polyhedra’s zkBridge adds an additional security layer to LayerZero’s interoperability protocol and will be welcomed by Flare developers and users alike. Its integration is a sign of the growing support for Flare from cross-chain protocols and demonstrates the value of ZK technology in making it easier for value to flow freely between networks,” said Flare co-founder Hugo Philion.

Apart from real-world assets (RWAs) and tokenization, Flare’s smart contracts platform supports machine learning, artificial intelligence, gaming, and social finance. Flare’s FAssets enables Bitcoin to connect with other blockchains, unlocking the benefits of DeFi.

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