Cross chain interoperability protocol Celer has supported Polygon zkEVM

On April 20, it was reported that Celer Network, a cross chain interoperability protocol, announced that its cBridge for asset bridging has integrated Polygon zkEVM. It initially supported ETH cross chain bridging between Polygon zkEVM and Ethereum, Arbitrum, Optimism and BNBChain, Polygon, Avalanche and Fantom. At present, the size of the new ETH liquidity pool on cBridge is limited to 100 ETHs.

Cross chain interoperability protocol Celer has supported Polygon zkEVM

I. Introduction
– Background on Celer Network
– Importance of cross chain interoperability protocols
II. cBridge: Asset Bridging Solution
– Definition of cBridge
– How it works
III. Integration of Polygon zkEVM
– What is Polygon zkEVM
– Benefits of integrating with cBridge
IV. Supported Cross Chain Bridging Pairs
– ETH and Polygon zkEVM
– ETH and Ethereum
– ETH and Arbitrum
– ETH and Optimism
– ETH and BNBChain
– ETH and Avalanche
– ETH and Fantom
V. Size Limit of ETH Liquidity Pool
– Current limitation of 100 ETHs
– Future plans for expansion
VI. Conclusion
– Importance of cBridge and Polygon zkEVM integration
# On April 20, it was reported that Celer Network, a cross chain interoperability protocol, announced that its cBridge for asset bridging has integrated Polygon zkEVM. It initially supported ETH cross chain bridging between Polygon zkEVM and Ethereum, Arbitrum, Optimism and BNBChain, Polygon, Avalanche and Fantom. At present, the size of the new ETH liquidity pool on cBridge is limited to 100 ETHs.
Celer Network is a decentralized platform that specializes in developing layer-2 scaling solutions for various blockchain ecosystems. One of its key products is cBridge, a trustless asset bridging solution for cross-chain interoperability. Cross-chain interoperability is an important aspect of blockchain technology that enables different platforms to share data and assets without any intermediaries.

cBridge: Asset Bridging Solution

cBridge is a decentralized platform that connects multiple blockchains through its trustless asset bridging solution. It enables users to transfer digital assets across different blockchains in a simple and secure way. cBridge is based on smart contracts and allows for the transfer of any ERC20, ERC721, or ERC1155 tokens across different blockchains.
The key feature of cBridge is its trustless and decentralized architecture. It is designed to eliminate the need for intermediaries or central authorities in the asset bridging process. This makes cBridge more secure, transparent, and efficient compared to traditional asset bridging solutions.

Integration of Polygon zkEVM

On April 20, 2022, Celer Network announced that its cBridge for asset bridging has integrated Polygon zkEVM, a Layer 2 scaling solution for Ethereum that utilizes zero-knowledge proofs. This integration allows users to transfer assets between Polygon zkEVM and other blockchains supported by cBridge.
Polygon zkEVM is a high-performance scaling solution for Ethereum that utilizes zero-knowledge proofs to enhance privacy and security. It is designed to provide fast and cheap transactions without compromising on security. By integrating with cBridge, Polygon zkEVM can now offer its users a more flexible and decentralized asset bridging solution.

Supported Cross Chain Bridging Pairs

cBridge initially supported ETH cross chain bridging between Polygon zkEVM and Ethereum, Arbitrum, Optimism, and BNBChain, Polygon, Avalanche, and Fantom. This makes it possible for users to transfer their assets between different blockchain platforms without going through exchanges or other intermediaries.
The integration of cBridge with Polygon zkEVM expands the list of supported cross chain bridging pairs, offering users more flexibility and options in transferring their assets. The integration also adds further value to the Polygon ecosystem as it enables Polygon users to connect with other blockchain platforms seamlessly.

Size Limit of ETH Liquidity Pool

At present, the size of the new ETH liquidity pool on cBridge is limited to 100 ETHs. This limitation is in place to ensure the stability and security of the cBridge platform during its initial stages. However, Celer Network has plans to expand the size of the ETH liquidity pool in the near future to enable larger transfers of assets.

Conclusion

The integration of Polygon zkEVM with cBridge offers a powerful and flexible asset bridging solution for users across different blockchain ecosystems. With cBridge, users can easily transfer their assets between various blockchains without going through intermediaries or exchanges. The integration also enhances the overall value of the Polygon ecosystem by enabling more seamless connections with other blockchain platforms.

FAQs

1. What is cBridge?
cBridge is a trustless asset bridging solution for cross-chain interoperability. It enables users to transfer digital assets across different blockchains in a simple and secure way.
2. What is Polygon zkEVM?
Polygon zkEVM is a Layer 2 scaling solution for Ethereum that utilizes zero-knowledge proofs. It is designed to provide fast and cheap transactions without compromising on security.
3. What are the supported cross chain bridging pairs on cBridge?
cBridge initially supported ETH cross chain bridging between Polygon zkEVM and Ethereum, Arbitrum, Optimism, and BNBChain, Polygon, Avalanche, and Fantom.