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Polygon and Wanchain to build layer-2-to-kayer-2 cross-chain bridge

Polygon, a platform for Ethereum scaling and infrastructure growth, and Wanchain, a decentralized blockchain interoperability resolution, have introduced a strategic partnership that may drive additional adoption of layer-2 cross-chain bridges.

Wanchain will now deploy direct decentralized cross-chain bridges connecting Polygon with Arbitrum. This layer 2-to-layer 2 bridge will improve Polygon’s rising suite of options, together with Polygon Hermez, Polygon PoS, Polygon SDK, and Polygon Avail.

The partnership marks the primary occasion of utilizing decentralized liquidity swimming pools for a cross-chain bridge. This method differs essentially from the industry-standard Lock-Mint-Burn-Unlock method beforehand formalized by Wanchain.

“We recognized that needing to pass through Ethereum when moving from one layer-2 to another is self-defeating. Wanchain’s new L2 bridges preserve the high transaction throughput and low costs of Polygon while remaining efficient […]”
– Li Ni, Wanchain VP of Business Development and Operations

Wanchain’s cross-chain infrastructure already helps Bitcoin, Ethereum, Wanchain, EOSIO, Binance Smart Chain, Litecoin, XRP Ledger, Moonriver, Avalanche, and Polkadot.

“By extending inroads between Abritrum and Polygon PoS, the cross-chain bridge will facilitate better liquidity and utility for users while fostering greater overall interoperability and growth for the Ethereum ecosystem.”
– Sandeep Nailwal, Co-Founder at Polygon

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