Audience
Crypto developers
About Socket Protocol
Socket Protocol is the first Chain Abstraction Protocol, offering a modular, extensible, and composable stack that enables chain-abstracted applications.
Socket Protocol leverages Modular Order Flow Auctions (MOFA) to allow developers to Compose with any App, Users, and Asset across Chains.
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Trinity
As a privacy-conscious network, Trinity adopts multiple technologies to protect data security and enhance privacy protection for users. Trinity state channel allows multiple transactions to be made off-chain swiftly. Trinity protocol is entirely open-sourced, and developers are able to create their own product using the protocol. Trinity is a universal off-chain scaling solution, which aims to achieve real-time payments with low transaction fees, scalability and privacy protection for mainchain assets. Using state channel technology, Trinity will significantly increase the transaction throughput of underlying chains as well as the assets on smart contracts. TNC cross-chain converter facilitates the data and value flow between multiple chains. Trinity will be a fully autonomous and decentralized performance-enhancing network for the entire ecosystem and provides all-round support to dApps on bottom layer chains in the future.
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Raydius
Raydius is a middleware solution designed to create a more connected blockchain ecosystem. Currently, building cross-chain applications is troublesome with various Layer 1 and Layer 2 protocols each supporting different development frameworks. Raydius solves the problem by offering the cross layer support as a service for developers so that they could focus on creating the product most needed by users. Raydius offers an EVM compatible Layer 2 PoS side chain built on Substrate and it connects to different Layer 1 and Layer 2 blockchains through bi-directional bridges. There are also cross-chain bridge aggregators to allow users to have a one-stop experience using dApps on different chains. Raydius bridge aggregator connects with popular asset bridges including multichain.xyz, Matic and BSC to provide the best routing for users with demand to switch assets across blockchains.
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Raiden Network
The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations. The Raiden Network is an infrastructure layer on top of the Ethereum blockchain. While the basic idea is simple, the underlying protocol is quite complex and the implementation non-trivial. Nonetheless the technicalities can be abstracted away, such that developers can interface with a rather simple API to build scalable decentralized applications based on the Raiden Network. The basic idea of the Raiden Network is to avoid the blockchain consensus bottleneck. This is done by leveraging a network of payment channels which allow to securely transfer value off-chain, i.e without involving the blockchain for every transfer.
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Across Protocol
Across offers high speed, low fee interoperability solutions powered by intents. Intents is proving to be a winning solution, as Across dominates the routes its supports, frequently able to provide the cheapest and fastest bridge option.
Across' unique value is that it guarantees genuine, not synthetic, assets are transferred cross-chain. With an Across integration, dapps and blockchains are able to provide their users with best-execution cross-chain settlement, without security tradeoffs.
Across Protocol offers three products built on a modular, intents-based framework. Across Bridge, which offers high speed, low fee token bridging. Across+, a free chain abstraction tool that allows dapps to onboard users, from any chain, in seconds, for cents. Lastly, Across Settlement, which is a settlement layer that dapps can plug into, to execute intents-based order flow.
The future of interoperability are intents, and Across is leading its execution.
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Integrations
Company Information
Socket Protocol
www.socket.tech/
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Cloud
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