Composable Finance
L2 Transfer and Communication Interface
The core consists of a network of bridges, operated by relayers interacting with smart contracts on (blockchain where the cross-chain transfer originates from) and .
Phase 1 and 2 are based on a trusted relayer solution that monitors all connected chains for events, and enacts the transfers and communication accordingly.
Phase 3 improves on this model by decentralizing the relayer using different cutting-edge technologies such as Threshold-Secret-Sharing (TSS), and rooting this to the finality of a parachain.
This enables transfers and cross-layer communication with a lock and release model:
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