Hyperbridge (BRIDGE) Token Presale: Hurry As It Ends Jan 01
Hyperbridge (BRIDGE) Token Presale: Buy Early For 15% Bonus Hyperbridge (BRIDGE) Presale: Initial Relayer Offering Ends Jan 01 Hyperbridge is a coprocessor that allows off-chain verification for more secure blockchain interoperability. Hyperbridge’s BRIDGE token presale is live for you to join the project. Let us dive into all Hyperbridge has for you before we discuss the presale in further detail. Secure Interoperability: Introduction Secure interoperability among blockchains needs a lot of verification. This includes verification of certain proofs, such as consensus proofs, state proofs, consensus fault proofs as well as state transition validity proofs.
These proofs need to be verified online for the blockchains to interoperate in a secure fashion. This is to confirm the finalized and irreversible state of their counterparty. The trouble here, however, is that this verification is compute-intensive and does not scale well, especially when multiple blockchains need to communicate among each other. This side-effect of the verification processes comes as a major hurdle, resulting in proliferation of attestation networks employing the use of multi-sig committees who attest to the state of a counterparty chain. Such architectures have caused huge losses: around $2 billion in crypto assets. So, What’s The Solution? How Does Hyperbridge Help? The only solution to the above-mentioned problem is a coprocessor model that allows verification to be done off-chain. Here, the outcomes are securely transferred on-chain along with cryptographic proofs of correct execution. Hyperbridge is exactly such a coprocessor, to be more accurate, a crypto-economic coprocessor. It comprises a new class of coprocessors which can leverage their consensus proofs to attest to the correctness of computations performed on-chain. Proof Aggregation Hyperbridge ensures trust-free interoperability for all chains through verification and aggregation of finalized states of all chains into a single proof. This way, each blockchain is able to receive all cross-chain messages that have been aggregated by Hyperbridge. Permissionless Relayers Hyperbridge is the first cross-chain protocol that can leverage cryptographic proofs and power decentralized, permissionless network of relayers. The relayers can work without any whitelisting or staking, and transmit messages across chains on behalf of users as well as applications. Fully incentivised, the relayers relay messages by the fees submitted by the users who wish to operate cross-chain.
Hyperbridge Roadmap The roadmap of Hyperbridge is as follows: ● Q4 2022: Research and development starts ● Q1 2023: Delivered research grants, published sync-committee-rs ● Q2 2023: EVM support, published ZKCasper ● Q4 2023: Gargantua V1 Testnet ● Q1 2024: Polkadot Crowdloans, Gargantua V2 Testnet ● Q2 2024: Audit, Gargantua V3 Testnet ● Q3 2024: Funding Announcement, integrations and partnerships ● Q4 2024: Nexus Mainnet, Initial relayer offering ● Q1 2025: Token Generation Event, ISMP for Alt-VMs ● Q2 2025: Decentralization, BLS BEEFY, Hyperbridge expansion ● Q3 2025: ZKCasper deployment ● Q4 2025: Web2 interoperability BRIDGE Token The Hyperbridge token gives power to a fully decentralized and permissionless interoperability protocol. Its features are as follows: ● The token is deflationary. Hyperbridge doesn’t print new tokens to secure the network, security is provided by its consensus layer. ● With a capped supply of 1 billion, the BRIDGE token serves as a multi-chain native token as well as a utility token. ● It is used by the Hyperbridge blockchain to process cross-chain messages as well as storage queries. ● BRIDGE allows for greater accessibility and utility. Hyperbridge has allocated 30% of its BRIDGE tokens to sales, while the rest has been allocated to on-chain treasury, team, crowdloan rewards and foundation. BRIDGE Token Presale - The Initial Relayer Offering Is Live
The initial relayer offering of the Hyperbridge BRIDGE tokens is live, with over half the tokens already sold. Grab your chance to be a part of this valuable project by investing in the BRIDGE coins. People who bought from the first 50 million tokens got a 50% bonus. You can still get a 15% bonus if you buy early. The BRIDGE presale closes at 12 AM on the 1st of January. Bottom Line The Hyperbridge BRIDGE token Initial Relayer Offering will last only about a week more. Make sure you make the best investment choice. The BRIDGE token comes with a promising future and the Hyperbridge protocol is set to soar. While you will want to DYOR before coming to a final choice, Hyperbridge’s BRIDGE is surely a good option to consider. Visit:- CoinGabbar
