Understanding XChains

XChains is an innovative protocol for secure and fast cross-chain bridging

What is XChains?

XChains is an innovative cross-chain protocol to address two main pain-points of the existing cross-chain bridges including security and transaction confirmation speed, by introducing a concept of Private Liquidity Pools (PLPs) and using along with Hashed Time Lock Contracts (HTLCs).

Key selling points of XChains are:

• Decentralized Liquidity Management: The decentralized approach with PLPs mitigates the risks associated with large, centralized pools, reducing the potential impact of security breaches.

• Enhanced Security: Private liquidity pools minimize the attack surface for potential exploits.

• Improved Efficiency and Speed: By leveraging PLPs and HTLCs, our bridge can facilitate near-instantaneous transactions.

• User-Friendly Experience: Our bridge's intuitive interface allows users to easily manage their private liquidity pools.

• Scalability and Flexibility: The architecture of PLPs is inherently scalable.