Axelar Network announced this Tuesday, January 11, through its Twitter account, the launch of Axelar Mainnet, to provide decentralized interoperability to Ethereum, Avalanche, Terra, Moonbeam and others.
“Axelar, the universal decentralized interoperability network connecting all blockchain ecosystems, applications, assets and users, announced that its public mainnet will be rolled out in February 2022, following a series of continued updates scheduled for next month. When the implementation phase is complete and the open and permissionless network is launched, Axelar’s interoperability protocol will connect and allow the transfer of assets and the passage of information between the main blockchain networks, including Ethereum, Cosmos, Terra, Moonbeam, Fantom and Avalanche”, he said through an article posted on his website.
Sergey Gorbunov, CEO and co-founder of Axelar, commented that “Starting in February, Axelar’s mainnet will universally and securely connect multiple autonomous blockchain ecosystems, providing critical infrastructure for Web3. Developers and their decentralized applications will be able to leverage Axelar to unlock the full potential of multiple ecosystems, scale their applications, and achieve wider distribution. Our goal is to allow builders and users to interact and build on any blockchain network that meets their requirements while ensuring composability and information flow with all other ecosystems and users. This mainnet launch is just the beginning, with continuous improvements and developments just around the corner for our network”.
The company indicated that, from the launch of the Axelar mainnet, developers will be invited to build directly on top of the Axelar network through the exclusive APIs and the Axelar Software Development Kit (SDK), which will be available. in February 2022. Axelar will also launch a sample application, Satellite, which facilitates the seamless transfer of assets between Ethereum, Terra, Avalanche, Moonbeam and other ecosystems. Axelar’s Satellite dApp will provide an immediate avenue for cross-chain asset transfers for end users, while providing insight into the types of dApps that developers will be able to create.
Additionally, he recalled that, while on testnet, Axelar announced integrations with Avalanche, Polygon, Moonbeam, Polkadot, Cosmos, Pangolin Exchange, and others. These testnet integrations, along with other specific use cases, will also roll out on the Axelar mainnet throughout 2022.
Do Kwon, Founder and CEO of Terraform Labs, highlighted that “Axelar has created a very impressive solution that allows developers to create blockchain networks that are directly tailored to their goals and needs, while providing an easy-to-use platform. use suitable for any programming language. Even now, at the beginning of its journey, Axelar’s universal interoperability network will have a significant impact on the way blockchain ecosystems communicate and interact. It is a technology like this that will finally allow blockchain and web3 to reach mainstream adoption”.
For his part, Derek Yoo, CEO of Moonbeam, said that “blockchains are islands by default that have historically forced developers to adopt single-chain development patterns. But we are at the beginning of a big shift towards multi-chain web3 architectures. Axelar’s interoperability network provides developers with a standardized infrastructure and tools to create dapps that can span specialized assets and functionality across disparate blockchain domains. Given the excellent equipment and technology, I expect Axelar to play an important and critical role in a wide variety of interoperability scenarios, helping developers scale and expand the reach of their applications”.