Determined to redefine Web3 communication, Web3 data infrastructure company Entangle launches Photon, a cross-chain messaging protocol billed as the fastest on web3. With Photon, Entangle intends to open a new chapter in the history of Web3 and DeFi thanks to fluid and unprecedented interoperability between blockchains.
Photon, the world's fastest Web3 cross-chain messaging protocol
The value of smart contracts and the scope of opportunities they offer depend on the quality and speed of communications between blockchains. To this end, Entangle, the project behind the development of Borpadesigned Photon, an absolutely fantastic innovation that improves interoperability in the blockchain ecosystem and enables fast and adaptable cross-chain communication.
Unlike other cross-chain communication protocols, Photon streamlines the interaction between smart contracts on various blockchains so as to remove the need to transfer tokens. With a flexible infrastructure, it operates on the basis of ultra-fast and efficient transmitter agents and executors, which are off-chain components that verify, validate and execute cross-chain transactions.
Thanks to these components, dApps are able to communicate with any blockchain at lightning speed. This innovation therefore promotes the reduction of latency in activities on blockchains and maximizes the quality of the connection between Web3 platforms.
How does Entangle's Photon messaging protocol work?
Photon works in a rather simple way. As soon as a user initiates a transaction, they trigger a cross-chain message request to the dApp via a smart contract. The transmitting agents (or relayers) evaluate this request then transmit it to the main smart contract. Located on the Entangle blockchain, this smart contract is the controller that will carry out verification of the authenticity and consensus of the transaction.
After this verification, an authenticated message is sent to the smart contract of the circuit on the destination blockchain. The circuit connects to the dApp's smart contract, thus finalizing the transfer of messages and the execution of the cross-chain transaction. This all happens very quickly and smoothly.
Entangle, committed to the Web3 and DeFi revolution
Entangle is the first fully customizable and interoperable Web3 data framework. Photon, its cross-chain messaging protocol, opens the door to blockchain-based ecosystems and applications, facilitating cost-effective, secure, interoperable and lightning-fast communication between smart contracts.
With the launch of Photon, Entangle solves the problem of blocking times or latency in cross-chain communication and makes it easier to support complex operations and functionalities. As one can imagine, this progress will have a major impact on the overall health and dynamism of the DeFi ecosystem and also on the functioning of decentralized exchanges. For example, it will allow:
- Smooth cross-chain DAO governance with reduced gas fees for people holding tokens on multiple blockchains and needing to aggregate their votes across multiple networks;
- An aggregation of the liquidity of certain blockchains to allow the purchase of an asset on another blockchain in the event of insufficient liquidity on this other blockchain;
- Depositing assets on blockchain A and borrowing assets on blockchain B without relaying, thereby facilitating cross-network borrowing and lending.
Entangle completed its testnet project in mid-April. Its founder, Faisal Mehrban, said he was pleased with Photon's speeds, which “met our expectations as the fastest solution on the market.” For the moment, Photon manages to serve around fifteen blockchains, a figure that the Entangle team intends to increase shortly. More than sixty projects have already joined the ecosystem.
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