The Good Tech Companies - Polymer Launches Real-Time Interoperability For Ethereum Rollups

Episode Date: November 11, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/polymer-launches-real-time-interoperability-for-ethereum-rollups. Polymer aims to make cross-chain interoperability as fast, efficient, and affordable as blockspace itself, enabling Ethereum applications to scale to the next m Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #polymer-labs, #chainwire, #press-release, #polymer-labs-announcement, #blockchain-development, #blockchain-interoprability, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Polymer launches real-time interoperability for Ethereum rollups by Chainwire. New York City, New York, November 11, 2024, Chainwire Polymer Labs has officially launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups by streaming messages, states, and logs over IBC primitives, equivalent to Web2's TCP, IP, Polymer Hub verifies and stores the headers of all connected rollups, allowing applications to prove any arbitrary state across rollups at vastly reduced overhead. Rollup L2 ecosystems have historically connected only within their own walled gardens,

with Polymer. However, rollups can now communicate across ecosystems and coordinate as fast as they can produce blocks. The protocol offers significant improvements in cross-chain communication latency, bandwidth, and cost for all on-chain primitives compared to existing solutions. Polymer aims to make cross-chain interoperability as fast, efficient, and affordable as Blockspace itself, enabling Ethereum applications to scale to the next million users. Increased bandwidth, reduced latency real-time, high-throughput rollups are right around the corner, but existing interoperability protocols, point-to-point and hub-and-spoke models, were not designed to support dense network traffic across hundreds of rollups. According to the team, existing solutions are too slow and expensive for the next generation of applications on Ethereum. As we enter this new era, interoperability solutions must complement their speed and efficiency. Real-time apps require real-time interoperability. Polymer aims to build the fastest and most efficient interoperability protocol for next-generation rollups like MegaETH. The hub passes messages in real-time

via sequencer pre-confirmations, ensuring cross-chain communication latency can keep up with millisecond block times of these rollups. Polymer also leverages EigenDA to scale cross-rollup bandwidth to facilitate data-intensive use cases on-chain. Greater than real-timeness, the ability to react to inputs with ultra-low latency at greater than massive scale, will enable truly groundbreaking decentralized applications. Greater than readying the infrastructure for this revolution will be a joint effort, in which greater than real-time interoperability from Polymer will be crucial. Lei Yong greater-than, co-founder and CTO MegaETH, various technologies like shared sequencers and ecosystem-native interoperability intranets have fragmented Ethereum into roll-up

clusters. The seclusters, however, can leverage Polymer Hub's one-to-all architecture to become interoperable with each other within minutes, rather than months. Polymer Hub iSALSO the first interoperability solution to offer reorg protection. This helps enable token bridges and solver networks to safely settle cross-chain transactions in milliseconds and automatically revert them if they deviate from Ethereum's L1 history. Looking ahead the next generation of on-chain applications will closely follow the architecture of cloud apps. Roll-ups are the new microservices, AVSs are the new infrastructure services. To enable horizontal scaling on-chain, cross-chain infrastructure must be low-latency,

high-bandwidth, and affordably scalable. The Polymer team seeks to improve interoperability performance in order to enable competitive, novel categories of applications, such as high throughput e-commerce and ride-sharing, to be built on-chain. Building interoperable applications that don't trade off cost or latency is our requirement to make crypto usable again. At scale, this connective layer needs to be as robust and secure as the Ethereum base layer itself, and Polymer has been in compromising in achieving this vision. Vikram Arun, co-founder and CEO Superform Labs, starting with the OpsStack, Polymer plans to bring real-time interoperability to all roll-up ecosystems on Ethereum, enabling swift and cost-effective scaling for applications in the near future. Developers interested in trying Polymer hubs mainnet can find more information on Polymer

Labs' website and by following Polymer on x at Polymer underscore labs. About Polymer Labs provides real-time, high-throughput interoperability for Ethereum rollups. Polymer lays foundational network infrastructure enabling the next generation of internet-scale apps like Uber to be built on chain. Contact co-founder Peter Kim Polymer LabsPeter at PolymerLabs.org Marketing lead Harry Lam Polymer LabsHlem at PolymerLabs.org Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.