Wednesday, July 30, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Understanding Wormhole Guardians: The Backbone of Cross-Chain Interoperability

by SB Crypto Guru News
July 14, 2024
in Blockchain
Reading Time: 3 mins read
0 0
A A
0




James Ding
Jul 14, 2024 01:53

Explore the role of Guardians in Wormhole’s cross-chain interoperability, ensuring secure and reliable blockchain transactions.



Understanding Wormhole Guardians: The Backbone of Cross-Chain Interoperability

Wormhole, a leading interoperability platform, facilitates seamless communication and the exchange of data or value between different blockchain networks. At the core of this platform’s security and functionality are the Guardians. These entities play a crucial role in ensuring the reliability and integrity of cross-chain interactions processed on Wormhole’s infrastructure.

Why Do Guardians Matter?

Guardians are essential for verifying messages across different blockchains. When an event occurs on one blockchain, another blockchain needs to recognize it to process the corresponding cross-chain action or transaction. Guardians observe the event on the source chain, sign the payload, and combine their signatures to create a Verified Action Approval (VAA). This VAA acts as proof that the event has been observed and agreed upon by a majority of the Wormhole network, ensuring the event’s authenticity across chains.

Think of VAAs as a group of trusted experts capable of independently verifying an event and communicating proven statements. Once a majority agrees, their collective approval ensures the event’s authenticity, underpinning the multichain interoperability that Wormhole’s products provide.

Who Are the Guardians?

Guardians are reputable entities within the blockchain space, including leading validator companies. They monitor blockchain states and ensure the integrity of cross-chain transactions. The current set of Guardians can be viewed on the Wormhole Dashboard, and they include some of the most trusted names in the industry.

Each Guardian operates independently, observing and signing messages before combining their signatures with others. This decentralized approach ensures no single point of failure, enhancing the overall security and robustness of the Wormhole network.

The Guardian Network

The Guardian Network, as the collective of Guardians, serves as Wormhole’s oracle component and forms the backbone of the entire ecosystem. It operates based on five key design principles:

  • Decentralization: Control is distributed among multiple parties, preventing any single point of failure.
  • Modularity: Different components like the oracle network (Guardians), relayers, and applications are kept separate, allowing independent upgrades and modifications.
  • Chain Agnosticism: Supports various ecosystems including EVM, Solana, and Algorand, and can support any chain, regardless of consensus mechanism or programming languages.
  • Scalability: Capable of handling large transaction volumes and securing significant value without suffering throughput bottlenecks.
  • Upgradeability: Built to adapt to the rapidly changing Web3 landscape, enabling updates without disrupting existing integrations.

The Guardian network powers cross-chain message verification, as well as the verification of cross-chain queries and asset bridging across the Wormhole product suite, including Wormhole Messaging, Queries, and Connect. The Guardians also act as validators of Wormhole Gateway, a Cosmos SDK-based blockchain that connects the Wormhole ecosystem to the IBC universe.

Get Involved with Wormhole

The Wormhole ecosystem is a vibrant, fast-growing community of builders and users shaping the future of Web3. Those interested can join the Wormhole Discord to engage with the community.

For more information about interoperability and Wormhole’s technology, visit the official Wormhole blog.

About Wormhole

Wormhole is a leading interoperability platform that powers multichain applications and bridges at scale, providing developers access to liquidity and users on over 30 leading blockchain networks. Trusted by teams like Circle and Uniswap, Wormhole has facilitated the transfer of over $40 billion through more than 1 billion cross-chain messages.

Image source: Shutterstock




Source link

Tags: BackboneBitcoin NewscrosschainCrypto NewsCrypto UpdatesGuardiansinteroperabilityLatest News on CryptoSB Crypto Guru NewsUnderstandingWormhole
Previous Post

Analyst Says ‘Another Leg’ up Possible for Altcoin That’s Exploded 13,000%+ in Five Months – But There’s a Catch

Next Post

Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip

Related Posts

HKMA Sets Stablecoin Rules, Registry Launch August 1

HKMA Sets Stablecoin Rules, Registry Launch August 1

by SB Crypto Guru News
July 29, 2025
0

Enjoyed this article? Share it with your friends! The Hong Kong Monetary Authority (HKMA) has finalized new rules for companies...

DYDX Price Falls to alt=

DYDX Price Falls to $0.62 Despite MiCA Compliance Boost – Technical Analysis Shows Mixed Signals

by SB Crypto Guru News
July 29, 2025
0

Lawrence Jengar Jul 29, 2025 08:25 DYDX trades at $0.62 after 6.42% decline, but MiCA-compliant whitepaper...

How a Web3 or Blockchain Certification Can Boost Your LinkedIn Visibility

How a Web3 or Blockchain Certification Can Boost Your LinkedIn Visibility

by SB Crypto Guru News
July 29, 2025
0

The spontaneous growth in innovation has pushed the web3 landscape to new heights alongside creating new career paths. Most of...

Sam Altman Flags ChatGPT Privacy Risks

Sam Altman Flags ChatGPT Privacy Risks

by SB Crypto Guru News
July 28, 2025
0

Enjoyed this article? Share it with your friends! OpenAI CEO Sam Altman has warned that anything users say to ChatGPT...

DYDX Price Analysis: Bulls and Bears Battle at alt=

DYDX Price Analysis: Bulls and Bears Battle at $0.64 as Technical Indicators Show Mixed Signals

by SB Crypto Guru News
July 27, 2025
0

James Ding Jul 27, 2025 14:08 DYDX trades at $0.64 with a modest 1.34% daily gain,...

Load More
Next Post
Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip

Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip

Nigerian Judge to Rule on Binance Tax Evasion Case in October

Nigerian Judge to Rule on Binance Tax Evasion Case in October

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.