Original source:Axelar
Axelar MDS is the first solution in the history of blockchain that allows dApps to easily connect logically with any user and operation on the Internet, while maintaining verification and end-to-end open source attributes. This set of open tools and protocols unlocks a new full-chain design space, allowing applications to easily connect users and logic across the Internet, always maintaining end-to-end verification and openness.
With Axelar MDS, the possibilities of blockchain go far beyond simple bridges or oracles. Users can send a message on Telegram to rebalance the insurance vault on Sui, and the vault can also interact with DeFi protocols on Arbitrum and financial institutions’ private blockchains. This level of integration and interoperability opens up a new world of possibilities for decentralized applications.
“One connection brings infinite possibilities.”
The three main components of Axelar MDS are:
Interchain Amplifier: Now online on the mainnet. This is a simple and permissionless way to connect your chain to the Axelar network and its interconnects. It supports dynamic, customizable integrations, and chains like Sui, Aptos, and Solana are ready to connect.
Interchain Token Service (ITS): This is a set of institutional-grade tokenization tools that completely replace traditional bridging methods, making it possible to mint and manage tokens on any connected blockchain. With ITS, tokens are able to move natively across chains while maintaining their full functionality and fungibility.
Axelar Virtual Machine (AVM): Supports inter-chain amplifiers and ITS, making it possible to enable smart contract logic at the cross-chain layer. This opens the door to a new generation of multi-chain development tools and complex dApps. Ethereum introduced programmable money; Axelar introduced programmable interoperability.
Combined with these additional capabilities, Axelar creates the most complete interoperability platform on the market:
Flexible, enhanced financial security:Inter-chain amplifiers are provided with a customizable layer of security via ETH (via EigenLayer) and other external collateral. The system further enhances its flexibility by allowing custom security configurations to be set up for new integrations.
Open interoperability interface:Built in partnership with OpenZeppelin and integrated into OpenZeppelin’s leading smart contract library. Developers adopting these open source semantics can easily plug in any interoperability technology, further improving development convenience and compatibility.
