This collaboration with Google Cloud
strengthens Wormhole's defense-in-depth security and expands ZK
research for Wormhole
CAYMAN
ISLANDS, Sept. 17, 2024 /PRNewswire/ -- Wormhole
Foundation, the team supporting the development of the Wormhole
platform, today announced Google Cloud as the newest addition to
the Guardian Network. Wormhole's Guardian Network is a
decentralized set of highly-reputable validator
nodes—including RockawayX, P2P, Figment, Everstake, among
others—crucial for transaction verification. The Guardian Network
is the backbone of the Wormhole ecosystem's security and
verification technology. As a Guardian Node, Google Cloud's
infrastructure strengthens the decentralized network,
ensuring uptime while providing verification redundancy coverage
across the entire Guardian set by immediately backfilling any
Guardian that experiences downtime.
"Wormhole contributors are constantly working to improve
Wormhole's defense-in-depth security mechanisms. Our collaboration
with Google Cloud will enable a platform-wide security upgrade that
strengthens Wormhole's decentralized Guardian
Network," said Dan Reecer,
co-founder and COO of Wormhole Foundation. "Google Cloud brings the
latest enhancement to Wormhole's advanced security system to
minimize downtime and unverified messages for thousands of
application developers and users across over 30 supported
blockchains."
"Google Cloud's collaboration with Wormhole demonstrates our
investment to help scale the Web3 ecosystem by providing powerful
computing systems to help the pioneers of Web3 build more securely
and efficiently," said Rishi
Ramchandani, Head of Web3 APAC, Google Cloud. "Wormhole
provides a universal, open source, and secure interoperability
platform across the blockchain ecosystem making them a valuable
partner that can maximize the full potential of our technology's
global scale."
Wormhole's defense-in-depth security strategy employs a
multi-layered approach to safeguard cross-chain communications. The
decentralized Guardian Network is reinforced by two
critical components: the Global Accountant, which maintains strict
1:1 parity between native and wrapped assets across blockchains,
and the Governor, which monitors and limits asset outflows to
prevent cross-chain contagion. Together with rigorous auditing and
open-source development practices, these mechanisms form a
comprehensive security infrastructure that has established Wormhole
as a trusted leader in interoperability and the only
interoperability protocol unconditionally approved by the security
experts of Uniswap's Bridge Assessment Committee. The addition of
Google Cloud to the Guardian Network will further these efforts, by
adding security redundancy built on Google Cloud's reliable,
planet-scale infrastructure.
In addition to adding Google Cloud to the Guardian Network, this
collaboration will further accelerate Wormhole's ZK roadmap to
optimize multichain security through extended research and product
development. A key initiative will be strengthening provers for
rapid, cheap, and trustless message verification that is
uninterrupted across chains. With Google Cloud's support, Wormhole
is researching the addition of trustless ZK verification mechanisms
in addition to the Wormhole Guardians. Google Cloud will also
collaborate with Wormhole on the upcoming Wormhole "Sigma"
Hackathon in Fall 2024, reinforcing the commitment of both teams in
shaping the ZK ecosystem. This collaboration will bring the
hackathon participants access to Google Cloud's deep AI and Web3
expertise including credits, expert sessions from AI engineers, and
access to latest technology & tools.
About Wormhole
Wormhole is the leading
interoperability platform that powers multichain applications and
bridges at scale. Wormhole provides developers access to liquidity
and users on over 30 leading blockchain networks, enabling use
cases that span DeFi, NFTs, governance, and more.
The wider Wormhole network is trusted and used by teams like
Circle and Uniswap. To date, the platform has facilitated the
transfer of over 40 billion dollars
through over 1 billion cross-chain messages.
About Wormhole Foundation
The Wormhole Foundation is
the steward of Wormhole—the world's first generalized messaging
protocol. Our mission is to empower passionate people in
researching and developing blockchain interoperability
technologies. Through grants, research, and ecosystem programs, we
seek to enable teams to build secure, open-source, and
decentralized products within the Wormhole
ecosystem.
Media Contact
wormhole@mgroupsc.com
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SOURCE Wormhole Foundation