Moonbeam Expands Cross-Chain Capabilities with Hyperlane Deployment

Devs Building on Moonbeam Will Now Have Access to Hyperlane Through Connected Contracts to Send Secure Messages Between Chains

Singapore – October 19, 2022 – MoonbeamGo to page https://moonbeam.network/, the top destination for cross-chain connected applications, has extended its interoperability capabilities through the addition of HyperlaneGo to page https://www.hyperlane.xyz/, an interoperability platform for building interchain applications. As a smart contract platform optimized for cross-chain scenarios, Moonbeam is designed to serve as an ideal deployment destination for applications that live across many chains. The addition of Hyperlane gives builders on Moonbeam even more cross-chain messagingGo to page https://moonbeam.network/blog/cross-chain-smart-contracts/ capabilities and extends the number of networks connected to it, enabling developers to better construct all-in-one applications that securely communicate across many blockchains.

Cross-chain applications rely upon two core components to be effective: a number of smart contracts on various blockchains and a way to securely message between each of these instances. Moonbeam’s design allows it to be the hub of these many smart contracts, where connected contractsGo to page [object Object] often act as “the brain” of the application and coordinate between many contracts on many chains. The introduction of Hyperlane adds a valuable component to this approach, allowing developers to send secure messages between chains with varying architectures, regardless of whether they are rollups (app-specific or general), app chains, or heterogeneous monolithic chains. Hyperlane allows developers building on Moonbeam to access seven networks, including Ethereum, Polygon, Avalanche, Optimism, Arbitrum, BNB, and Celo.

“Messaging protocols like Hyperlane provide the critical capability that allows Moonbeam to serve developers building cross-chain applications,” said Derek Yoo, CEO of PureStake, a development team building Moonbeam. “The Hyperlane integration provides Moonbeam developers access to unique destinations and novel features such as Sovereign Consensus, which gives developers fine-grained control over the security architecture of their application. The addition of Hyperlane strengthens the ability of Moonbeam to support cross-chain connected protocols.”

Hyperlane has a unique focus on future-proofing and was built with flexibility in mind. As part of this mission to evolve with developers and their applications, Hyperlane uses an approach called Sovereign Consensus, which lets developers configure their own security model utilizing Interchain Security Modules (ISMs). ISMs let a developer mix and match their approaches to economic security, optimistic security, proof of authority, and any other security model they’d like to enable.

“Our mission at Hyperlane is to connect blockchains with seamless interfaces for developers so that they can serve users on any chain. This vision is so clearly aligned with Moonbeam, and we’re thrilled to collaborate in this growing ecosystem,” said Jon Kol, co-founder at Hyperlane.

As a destination for cross-chain builders, Moonbeam offers broad protocol support for a variety of message-passing protocols, including LayerZeroGo to page https://moonbeam.network/announcements/moonbeam-layerzero/, AxelarGo to page https://moonbeam.network/blog/connected-contracts-axelar/, WormholeGo to page https://wormhole.com/, Polkadot’s XCMGo to page https://moonbeam.network/blog/xcm-on-polkadot/, and now Hyperlane. By offering a variety of messaging standards and formats, Moonbeam gives builders ultimate control over their cross-chain application design, allowing them to optimize for efficiency as well as optimal user experience. As cross-chain-connected contracts, applications can communicate and interact across blockchains using native assets on other chains without needing to move them, effectively making Moonbeam DApps into access points from which a user can tap into many tokens and chains at once.

About the Moonbeam Network

MoonbeamGo to page https://moonbeam.network/ is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.

About Hyperlane

HyperlaneGo to page https://www.hyperlane.xyz/ is an interoperability platform empowering developers to build interchain applications, applications that can communicate between blockchains and serve users regardless of the chain they are on. Hyperlane is building the simplest and most secure way to communicate between blockchains, allowing developers to spend time focusing on their applications instead of on blockchain infrastructure. Learn more: https://www.hyperlane.xyz/Go to page https://www.hyperlane.xyz/