Across harnesses the power of @UMAprotocol 's optimistic oracle to verify bridge transactions.
04 Sep 2023, 21:00
Across harnesses the power of @UMAprotocol 's optimistic oracle to verify bridge transactions.
UMA's optimistic validation results in higher safety, speed and capital efficiency in cross-chain transfers on Across.
🧵
Same news in other sources
204 Sep 2023, 21:00
3/ When transfers are sent on Across, a group of decentralized relayers send you your assets "optimistically" on the destination chain.
They are paid back after the dispute challenge period with your original funds, which arrive on the destination chain via canonical bridge.
3/ When transfers are sent on Across, a group of decentralized relayers send you your assets "optimistically" on the destination
3/ When transfers are sent on Across, a group of decentralized relayers send you your assets "optimistically" on the destination chain.
They are paid back after the dispute challenge period with your original funds, which arrive on the destination chain via canonical bridge.
04 Sep 2023, 21:00
4/ UMA’s optimistic oracle improves Across' capital efficiency by aggregating transactions into one group, verifying their validity together & repaying relayers in bundles.
Prioritizing capital efficiency optimizes the protocol + makes for the lowest possible fee environment 🌉
4/ UMA's optimistic oracle improves Across' capital efficiency by aggregating transactions into one group, verifying their valid
4/ UMA’s optimistic oracle improves Across' capital efficiency by aggregating transactions into one group, verifying their validity together & repaying relayers in bundles.
Prioritizing capital efficiency optimizes the protocol + makes for the lowest possible fee environment 🌉