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Cycle Network

Cycle Network bounty

Cycle Network is a pioneering omni-chain ledger protocol leveraging Omni Distributed Ledger Technology (ODLT) with OSCI and TCCP features. It aims to unify blockchain networks, simplifying user experience and reducing the complexity of decentralized application (dApp) development.

Strategic Round: N/A

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Overview

Project industryDeFi / Web 3.0 / Protocol
Product typeTechnology
WhitepaperCycle Network White Paper Open
OnepagerCycle Network Onepager Open

What is Cycle Network

Cycle Network’s focus on chain abstraction through a bridgeless cross-chain solution offers a streamlined, secure alternative to traditional cross-chain bridges, addressing interoperability challenges effectively.

By leveraging zk-rollup technology and aggregate sequencer, Cycle Network brings a new cross-chain experience to developers and users, fulfilling a wide array of cross-chain needs. This chain abstraction-based approach effectively overcomes the complexity and fragmentation of multi-chain environments and provides strong support for widespread blockchain adoption and interoperability.

As blockchain continues to advance and the multi-chain environment matures, we are committed to further developing chain abstraction and cross-chain technologies, aiming to overcome existing limitations and explore new application domains.

Cycle’s mission is to empower the boundless creativity of Web3. By providing a chains network with seamless liquidity and functionality across all chains, and self custody function, aka settlement layer, shared liquidity model, and AA model, Cycle aims to liberate developers from repetitive tasks, from different layer structures to information/asset synchronization and deployment.

Legal

Registration year: 2023

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