• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Alliance of Solana Projects collaborates to launch the cross-chain messaging platform

August 24, 2022
in Crypto News
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

A coalition of major Solana-primarily based platforms is doing work with each other to advance the Web3 messaging services by combining improvement on a new platform.

Alliance of Solana Projects collaborates to launch the cross-chain messaging platform
Alliance of Solana Projects collaborates to launch the cross-chain messaging platform

The solution this time referred to as “Open Chat Alliance” announced on 23 August is produced by far more than 27 tasks on Solana, in individual the Notifi Network messaging protocol, Bonfida and the Social Only1 communication platform.

Related articles

ZKP Shifts the Crypto Narrative With Its Anti Inflation Design! Solana & XRP Lose Momentum

ZKP Shifts the Crypto Narrative With Its Anti Inflation Design! Solana & XRP Lose Momentum

January 25, 2026
Regret Missing Solana and Polkadot? APEMARS Is One of the Top Altcoin Picks Investors Can’t Afford to Miss

Regret Missing Solana and Polkadot? APEMARS Is One of the Top Altcoin Picks Investors Can’t Afford to Miss

January 16, 2026

🚨 Presentation – Open Chat Alliance and xMS@NotifiNetwork X @bonfida X @ only1nft

• In an hard work to make improvements to communications amongst tasks and their consumers, we have collaborated with above 27+ tasks to produce a new open supply messaging conventional in web3. (one/eight) https://t.co/rTBrDJHvO1 pic.twitter.com/kl4BTeEPwf

– xMS notification (@NotifiNetwork) 23 August 2022

Their system is to produce a transparent and interoperable conventional for dealing with cryptographic messages that can expand quickly across the market by means of the adoption of open supply xMS requirements.

According to the announcement, xMS is a cross-chain messaging services created to be interoperable and simply available with each on and off-chain abilities. The “Open Chat Alliance” neighborhood will obtain unique xMS accessibility throughout this initial alpha phase.

• xMS is a cross-chain messaging services developed to be interoperable and simply available with each on / off-chain performance.

✅ Notifications by way of @NotifiNetwork
✅ Off-chain messaging of @ only1nft
✅ SNS compatibility by way of @bonfida
✅ Chained messages by way of Jabber @bonfida

(three/eight)

– xMS notification (@NotifiNetwork) 23 August 2022

Furthermore, the alliance explained it will type a communication conventional that tasks on unique blockchains can use and interact simply regardless of the technological variations amongst people blockchains. The Open Chat Alliance conventional, for instance, will permit Solana consumers to simply send a message to another person on Ethereum, for instance.

However, this can be a one of a kind concept but also pretty tough when Open Chat Alliance is linked to the cross chain. Because cross-chain array has definitely develop into a “nightmare” for traders in current instances by means of quite a few attacks that continually arise with “huge” losses.

Currently, in the complete amount of the greatest hacks in 2022, 4 cross-chain hacks have appeared which includes Ronin ($ 662 million), Wormhole ($ 325 million), Horizon ($ a hundred million) and Nomad (US $ 325 million). $ 176 million).

1659495510 221 Aave proposed to cut ties with Fantom due to security

However, in purchase to reassure the over considerations, Notifi Network CEO Paul Kim explained that the dangers of cross-chain hacking had been thought of by the improvement workforce in advance of launching the task and that is why the Open Chat Alliance is created solely for messaging solutions.

“There are unique functions as a consumer that you can subscribe to and based on the performance you use with unique protection protocols. With the Open Chat Alliance, nonetheless, we have not definitely interacted with any transactions other than sending text messages. “

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: AlliancecollaboratescrosschainLaunchmessagingplatformprojectsSolana
Share76Tweet47

Related Posts

solana dominates q1 but cracks appear as ethereum gains ground thumbnail

Solana Dominates Q1, But Ethereum Gains Ground as Cracks Appear

by Akita Inu
April 20, 2026
0

Solana led Q1 decentralized exchange spot trading, but signs of weakness emerged as Ethereum began regaining ground. Here is the...

ethereum hits all time high quarterly network activity thumbnail

Ethereum Hits Record Q1 Network Activity With 200M Transactions

by Akita Inu
April 19, 2026
0

Ethereum posted a record quarter for network activity after processing more than 200 million transactions in Q1, highlighting sustained on-chain...

xrp major adoption boost solana price gains momentum thumbnail

XRP Gets Major Adoption Boost From Solana as Price Gains Momentum

by Akita Inu
April 18, 2026
0

Solana's launch of 1:1-backed wXRP adds a new adoption catalyst for XRP as traders watch whether expanding utility can reinforce...

why ripple xrp keeps pumping 3 key reasons and whats next thumbnail

Why Ripple (XRP) Keeps Pumping: 3 Key Reasons and What’s Next

by Akita Inu
April 17, 2026
0

XRP has rebounded from $1.30 to a 25-day peak. Here are three key reasons behind Ripple’s rally and what traders...

xrp hits 3 week high above 1 40 analyst ath rally thumbnail

XRP Hits 3-Week High Above $1.40 as Analyst Signals ATH Rally

by Akita Inu
April 16, 2026
0

XRP climbed 4% to a 3-week high above $1.40 as a bullish analyst call fueled talk of a fresh all-time-high...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Solana Dominates Q1, But Ethereum Gains Ground as Cracks Appear
  • Ethereum Hits Record Q1 Network Activity With 200M Transactions
  • XRP Gets Major Adoption Boost From Solana as Price Gains Momentum
  • Bitcoin Forecasts, Cardano Outlook: Bits Recap April 17
  • Why Ripple (XRP) Keeps Pumping: 3 Key Reasons and What’s Next
  • BTC Drops After US Jobs Report as $120M Gets Liquidated in 1 Hour
  • Bitcoin Price Analysis: Why the Next Few Days Are Crucial for BTC
  • Bitcoin Nears $78K True Market Mean as Fed Data Looms
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7