KEY TAKEAWAYS
- Aleph Zero integrates Across Protocol into its EVM, enhancing cross-chain bridging capabilities and introducing new liquidity.
- The integration allows Aleph Zero users to bridge assets across 14 EVM-compatible chains with unmatched transfer speeds and reduced costs.
- Arbitrum’s Fast Withdrawals feature significantly reduces withdrawal times, enhancing user experience and transaction efficiency.
- Support for ERC-7683 standard simplifies EVM interoperability, facilitating easier cross-chain dApp development.
Aleph Zero has announced the integration of Across Protocol into its Ethereum Virtual Machine (EVM), marking a significant step in enhancing cross-chain bridging capabilities. This integration is expected to introduce new liquidity into the Aleph Zero ecosystem and empower users with rapid, affordable, and secure interchain transactions. The announcement was made here.
Across Protocol: Benefits for Aleph Zero
Across Protocol, known for its industry-leading bridging solutions, is now live on Aleph Zero EVM, specifically on the Arbitrum-Orbit chain. This makes Aleph Zero the first Arbitrum-Orbit chain to support Across, offering users broad multichain access. Users can now bridge their assets to and from Aleph Zero across 14 other EVM-compatible chains, simplifying multichain asset movement.
The integration also brings unmatched transfer speeds, with Aleph Zero users benefiting from Across’s lightning-fast bridging, enabling 2-second transfers. This expansion enhances flexibility and speed across the entire Aleph Zero ecosystem. Additionally, Across minimizes transaction costs, making cross-chain operations accessible and economical for all users within the network.
Arbitrum Fast Withdrawals: Enhancing User Experience
Across leverages Arbitrum’s Fast Withdrawals feature, an enhanced mechanism designed to significantly reduce the time required to move funds from Arbitrum back to the Ethereum network. Typically, Ethereum Layer 2 rollups like Arbitrum One use a fraud-proof model, requiring a longer “challenge period” for security purposes. Fast Withdrawals bypass this by using liquidity providers who front the withdrawal amount on the main chain, reducing withdrawal times from 7-15 days to just 15 minutes.
This feature allows for a withdrawal frequency of up to 15 minutes, enabling user withdrawal confirmations on the parent chain at similar intervals. It also allows cross-chain decentralized applications (dApps) to read the finalized state at the same rate as the Fast Withdrawal frequency. Aleph Zero EVM is among the first chains to support Arbitrum Fast Withdrawals, streamlining Orbit chain transactions and ensuring efficiency and affordability for every transfer within the Arbitrum ecosystem.
ERC-7683 Support: Simplifying EVM Interoperability
Aleph Zero’s support for the ERC-7683 standard, co-developed by Across and Uniswap Labs, aims to simplify EVM interoperability. This universal standard for cross-chain Intents facilitates easier cross-chain dApp development and a streamlined user experience across EVM chains. By supporting ERC-7683, Aleph Zero demonstrates its commitment to innovation in interchain solutions, prioritizing seamless functionality.
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