Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of HyperNova, its new bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology eliminates the need for a centralized bridge and allows blockchains to connect interoperably.
HyperNova works by using Supra’s low-latency consensus algorithm, Moonshot Consensus, to understand the underlying cryptographic signatures of interacting chains. This provides a secure, reliable, and scalable cross-chain consensus that is better than traditional bridge designs.
Joshua Tobkin, CEO of Supra, said “HyperNova is a major breakthrough for the blockchain industry. It eliminates the need for centralized bridges, which can be a single point of failure and a major vulnerability in Web3. HyperNova’s bridgeless technology makes blockchain connections more secure, reliable, and scalable via L1 to L1 cryptographic consensus.”
Supra’s HyperNova offers a number of benefits over traditional centralized bridges, including increased security, improved scalability, and enhanced capabilities. It can be used for a variety of use cases, such as cross-chain DeFi, cross-chain gaming, and cross-chain oracles.
Supra is building a low-latency interoperability infrastructure to provide Web3 capabilities that traditional blockchain designs lack. After thousands of hours of R&D and simulations, Supra’s technical breakthroughs are solving the Oracle Dilemma and optimizing network performance.
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For further information, contact Eli Phoenix, Supra at [email protected]