Q Blockchain and Hyperlane Pioneer Cross-Chain Governance Solutions
April 25 2024 - 7:00AM
The future of Web3 is undeniably cross-chain, with protocols and
communities spanning diverse ecosystems and layers. Recognizing the
pivotal role of cross-chain governance in this evolving
landscape, Q Development AG, a company headquartered in
Liechtenstein which supports the Q Protocol, is thrilled to
announce the deployment of Hyperlane on Q.
Hyperlane, founded in 2022, is the
first permissionless interoperability framework built for the
modular blockchain stack. Backed by leading crypto investors,
Hyperlane is revolutionizing cross-chain connectivity. The
company's messaging bridge has been deployed on Q, facilitating
seamless interoperability across Hyperlane's expansive network of
over 50 ecosystems and blockchain networks.The first blockchain
that has been integrated is Polygon PoS, one of the most used
protocols in the world. The network has tens of thousands of dApps,
more than 3 million average daily transactions, $5 billion in
secured assets, and some of the top brands building on it.The
collaboration marks a significant milestone for Q in creating a
fundamental governance layer for Web3. Enabling cross-chain
governance on Q with Hyperlane
Hyperlane serves as an interoperability framework within the
modular blockchain stack. It functions as an Arbitrary Messaging
Bridge (AMB), enabling the seamless exchange of interchain messages
across many chains within the Web3 ecosystem.
Q provides a novel key primitive for Web3: Shared Governance
Security. Projects using Q’s governance opt-in features can
safeguard critical governance decisions. This opens a new design
space for developers, increases projects’ security, and helps them
become truly decentralized.
Up until now, Q’s governance features were only available to
projects building natively on Q. Embracing the modular blockchain
thesis, cross-chain governance functionality is a critical step on
the development roadmap for Q. The goal is to enable all projects
to tap into Q’s governance security features, no matter on which
chains they are.
Hyperlane serves as an interoperability framework within the
modular blockchain stack. It functions as an Arbitrary Messaging
Bridge (AMB), enabling the seamless exchange of interchain messages
across many chains within the Web3 ecosystem.
Q provides a novel key primitive for Web3: Shared Governance
Security. Projects using Q’s governance opt-in features can
safeguard critical governance decisions. This opens a new design
space for developers, increases projects’ security, and helps them
become truly decentralized.
Up until now, Q’s governance features were only available to
projects building natively on Q. Embracing the modular blockchain
thesis, cross-chain governance functionality is a critical step on
the development roadmap for Q. The goal is to enable all projects
to tap into Q’s governance security features, no matter on which
chains they are.
Deploying and connecting to Hyperlane is an important step
towards making this vision a reality. "Enabling cross-chain
governance on Q is a game-changer. Our vision is to create value
for all of Web3, and the way to do this is to make Q's governance
security available to all Web3 projects—no matter which chain they
build on, “ says Nicolas Biagosch, co-initiator of the Q
Protocol.
“Cross-chain governance is a critical challenge facing every
project that operates across multiple blockchains," said Jon Kol,
Founder of Hyperlane. "By deploying the Hyperlane interoperability
framework, Q can now extend its powerful governance capabilities to
any blockchain connected to the Hyperlane network - starting with
Polygon PoS. And the best part? Hyperlane's permissionless
architecture meant Q could integrate and host this solution on its
own. This is an excellent example of what builders can
achieve with truly open, permissionless interoperability
tools.”
About Q Development AG
Q is a novel blockchain protocol acting as a fundamental
governance layer in Web 3.
It combines the benefits of a public, open, and decentralized
ledger with the transparency and predictability of enforceable
private contracts, thereby enabling adoption by a great variety of
use cases that desire decentralization but require scalability and
dependability.Q Development AG is a private company based in
Gamprin-Bendern, Liechtenstein, whose primary purpose is to advance
the Q protocol and support the Q ecosystem. To learn more about Q
please visit: https://q.org/ Twitter | LinkedIn
About Hyperlane
Hyperlane is the permissionless interoperability framework
connecting the modular ecosystem. With Hyperlane, anyone can
connect any blockchain, rollup, appchain, on any VM. Additionally,
Hyperlane’s modular security stack gives developers the power to
customize their interchain security to their needs. To learn
more about Hyperlane please
visit: https://www.hyperlane.xyz/About Polygon
Labs:
Polygon Labs is a software development company
building and developing an aggregated blockchain network that
provides cross-chain interoperability via the Aggregation Layer, a
decentralized protocol on Ethereum that unifies user bases and
liquidity for all connected chains. Polygon Labs has also
contributed to the core development of several widely-adopted
scaling protocols, including Polygon PoS, Polygon CDK, and Polygon
zkEVM, as well as Polygon Miden, which is in development.
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Cassiopeia
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