What is Synapse (SYN)

in #synapse2 years ago

Synapse is a protocol for global interoperability that permits safe cross-chain communication. It enables users to move assets across blockchains in a safe and secure manner.

We want to talk about security when we talk about blockchain. Fraud proof is especially important in cross-chain communication. Keeping this in mind, Synapse strives to give users with a safe and pleasurable network experience. They connect blockchains. They also offer a cross-chain communication network that allows for asset transfers, smart contract calls, and swapping.

Synapse is a communication mechanism as well as a secure way for determining the legality of cross-chain transactions. They also provide an expandable collection of blockchain smart contracts. Developers may therefore design native cross-chain apps. Furthermore, Synapse ensures interoperability with all blockchain systems. Monolithic foundation layers, roll-ups, and application-specific chains are examples of these.

They were initially designed to allow users to move assets across popular EVM and non-EVM compatible blockchains. They have now extended. Synapse presently offers the most comprehensive cross-chain liquidity of any interoperability solution.

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