In a noteworthy move, Stacks, Moonriver Network, Hedera, and Iron Fish will be involved in Axelar's groundbreaking Interchain Amplifier Program.

Full-chain Layer 1 Axelar Axelar has announced plans to link the ecosystems of Bitcoin, Hedera, and Polkadot blockchains, creating a more interconnected network.

The Interchain Amplifier from Axelar aims to initially bring together various platforms, including the Bitcoin Layer 2 solution Stacks, the Moonriver Network, Hedera's proof-of-stake blockchain, and the privacy-focused Iron Fish. This effort seeks to enhance interoperability among a multitude of blockchains, encompassing Bitcoin, Ethereum, and over 64 other networks.

Leveraging the capabilities of the Axelar virtual machine, the Interchain Amplifier establishes seamless connections across diverse blockchain systems, with the cross-chain interactions being managed through smart contracts instead of the underlying protocol layer. Once it's integrated with the Axelar mainnet, it will streamline routing and translation functions across its blockchain network.

By utilizing on-chain smart contracts within its framework, the Interchain Amplifier capitalizes on the security strengths of the Axelar network to effectively forge new cross-chain pathways, enhancing its application capabilities, liquidity, and user base.

For about a week now, the Interchain Amplifier has been active on Devnet, drawing attention from various groundbreaking protocols and networks in the sector thanks to a pilot initiative led by Interop Labs aimed at onboarding early users.

Boosting scalability through enhancements to the Interchain Amplifier.

Axelar This platform enables secure cross-chain communication for the Web3 ecosystem, empowering developers to design decentralized applications (dApps) that can operate across multiple blockchains. Axelar's focus on security is fortified by its established framework, which provides a safe environment. PoS mechanism , used by platforms such as Ethereum, Polygon , and uk Meanwhile, the ability for cross-chain communication allows developers to create fully integrated user experiences, enabling smooth interactions with assets and applications across various blockchains with just a single click.

As part of its 2024 roadmap, Axelar has mapped out plans to focus on upgrading the Interchain Amplifier to enhance its scalability edge. Their ambition includes launching a universal ‘router’ smart contract, pending governance endorsement, that would streamline traffic across all interconnected ecosystems.