Cross-chain interoperability protocol Polkadot has announced the launch of its messaging system dubbed XCM (cross-consensus messaging) to allow communication and transfer of digital assets between its parachains.
Polkadot Launches Cross-Chain Messaging
In a press release shared with CryptoPotato on Wednesday, the project noted that messages sent across XCM channels are fully secured at the same level as its Relay Chain, unlike other bridging systems that create a “weakest-link problem.”
Polkadot’s Relay Chain is the network’s central hub used by all chains in the ecosystem. It can support hundreds of parachains, and many projects have already been built on it, including Acala and Centrifuge. All of these parachains can now communicate and transfer digital assets and data with each other.
“Parachains, which support a wide range of use cases and protocols – and already benefit from shared security – can now use XCM to transfer any asset, token, or data among themselve,”
We współpracy z: https://cryptopotato.com/polkadot-xcm-format-goes-live-enables-nft-functionalities/
