The NPC (Neutral Finance Cross-Protocol) community and the Cosmos community have been long-term technical and ecological partners, exchanging a large amount of technical achievements and ecological consensus in the fields of dual-layer chains and cross-chains since 2020. In November 2022, at the first Miami Web3 Summit held in Miami, USA, Frank, a super technical volunteer of NPC, announced the NPC community’s research and development and operation focus around Web3 for 2023, which will involve more protocol releases and ecological integration in the direction of joint Cosmos cross-chain bridges.

Recently, at The Web3 Summit held in Hong Kong, the two sides held in-depth discussions on cross-chain bridge technology in this direction. NPC super technical volunteer Frank, Iqlusion founder Zaki, Stargaze super technical volunteer Michael, Keplr founder Josh, and other community leaders attended, and some Asian community volunteers such as Metax and Jingma were invited to participate.

Today, the global NPC community announced that the two sides have decided to promote more cross-chain bridge infrastructure cooperation at the L1 and L2 levels.

It is reported that the cross-chain bridge infrastructure cooperation will cover two levels, L1 and L2. At the L1 level, NPC and Cosmos will jointly research and develop cross-chain bridge technology to achieve interoperability between different blockchains. At the L2 level, the two sides will collaborate on developing sidechains and Lightweight Chains to handle large volumes of transactions and improve transaction speed.

This cooperation will bring many benefits to the ecosystems of NPC and Cosmos. Firstly, the two ecosystems share a consensus foundation. NPC, originally named Neutral Finance Chain, has focused on the research of dual-layer chains and cross-chain technology since its inception, in order to better support the infrastructure needs of neutral financial chains, and has adopted many technical modules from the Cosmos community. This consensus foundation ensures the seamless circulation of digital assets between the two ecosystems, thus bringing more trading and investment opportunities to users. Secondly, the development of sidechains and lightweight chains will further improve the scalability and performance of the ecosystem, providing users with faster and more convenient trading experiences.

In cooperation with Cosmos, NPC will leverage its professional knowledge and experience in cross-chain technology to provide technical support and solutions to its partners. At the same time, NPC will also benefit from Cosmos’ technology and experience, further improving its own technical capabilities and competitiveness.

Cross-chain technology has always been a hot topic in the blockchain and decentralized application fields. As more and more projects and enterprises begin to focus on and research cross-chain technology, competition in this area is becoming increasingly fierce. Against this backdrop, the cooperation between NPC and Cosmos will provide new opportunities and challenges for the development of cross-chain technology, as well as more choices and convenience for users.

Cross-chain technology is a hot topic in the blockchain field because it can achieve interoperability between different blockchains, thus bringing more trading and investment opportunities to users. In cross-chain technology, cross-chain bridges are a key component that can seamlessly transfer and exchange digital assets between different blockchains.

In the development of cross-chain bridges at the L1 level, NPC and Cosmos will jointly research and develop cross-chain bridge technology to achieve interoperability between different blockchains. The core of cross-chain bridge technology is the cross-chain messaging protocol, which can transmit and verify messages between different blockchains. In the cross-chain messaging protocol, an important issue that needs to be addressed is how to ensure the security and reliability of messages. Therefore, cross-chain bridge technology needs to adopt some secure and reliable mechanisms, such as multi-signature, isolated verification, and auditing.

In the development of cross-chain bridges at the L2 level, the two sides will collaborate on developing sidechains and lightweight chains to handle large volumes of transactions and improve transaction speed. Sidechains and lightweight chains are decentralized blockchain structures that can store large volumes of transactions and data in sidechains or lightweight chains, thereby reducing the burden on the main chain and improving transaction speed and scalability. An important issue to be addressed in the development of sidechains and lightweight chains is how to ensure synchronization and consistency between the sidechains, lightweight chains, and main chain. Therefore, sidechains and lightweight chains need to adopt some synchronization and consistency mechanisms, such as Merkle trees and hash locks.

In addition to the development of cross-chain bridge technology and sidechains and lightweight chains, NPC and Cosmos will also jointly research and develop other cross-chain technologies, such as atomic swaps and cross-chain smart contracts. Atomic swaps are a cross-chain transaction mechanism that does not require trust in a third party and can achieve atomic exchanges between different blockchains. Cross-chain smart contracts are cross-chain applications that can achieve interoperability of smart contracts between different blockchains.

This cooperation will further strengthen the connection between the NPC and Cosmos ecosystems, promoting interoperability between the two ecosystems. At the same time, it will also provide users with more choices for cross-chain transactions and asset transfers, improving the efficiency and reliability of the entire blockchain ecosystem.

The NPC project is a cross-chain solution aimed at achieving interoperability between different blockchains. The Cosmos ecosystem is a system composed of multiple blockchains, with the goal of achieving interoperability between blockchains. The cooperation between the two sides will bring more innovation and development opportunities to the entire blockchain industry.