Ecosystem

Introduction to Connext

Learn more about Connext and find out how it paves the future of value transfer with its interoperability protocol.

What is Connext?

Discover the future of value transfer

Connext is a modular protocol for securely passing funds and data between chains. Developers can use Connext to build crosschain apps (xApps) – applications that interact with multiple domains (blockchains and/or rollups) simultaneously.

Connext’s Vision

Understanding what Connext seeks to accomplish

From a technological perspective, decentralized applications have the power to put ownership, control, and value back into the hands of sovereign individuals. However, these applications are not easily accessible by anyone. Connext seeks to solve this challenge.

Arjun Bhuptani

Cofounder Connext

“At Connext, our goal is to build an uncensorable, always-online network for transferring value between chains and L2s.”

Connext’s vision is to build the future of value transfer on the internet. This becomes possible when everyday users can exchange value effortlessly between disparate cryptosystems.

Imagine a world in which crypto users can seamlessly access the rich features of diverse crypto ecosystems from a single wallet, without having to acquire the native token of a given ecosystem. This is the future Connext is building.

Understanding Connext

What does Connext do?

Learn more about how Connext paves the way for the multichain future

Seamless Crosschain Experiences

Low cost, near-instant transactions

Connext enables seamless cross-chain experiences by providing an open source platform for low-cost, near-instant transactions.

Why Is Connext Needed in the First Place?

Over the course of the last years, a multitude of new blockchain ecosystems have started to emerge. Along with these new ecosystems came a variety of new use cases for distributed ledger technologies, such as decentralized finance (DeFi) and Non-Fungible-Tokens (NFTs).

This continuously accelerating growth introduces two key challenges: cross-chain communication and ecosystem accessibility.

The increase in complexity within the blockchain ecosystem complicates the process of accessing different ecosystems and the applications hosted in these ecosystems. At the same time, blockchain developers are struggling with connecting their products with other blockchain ecosystems for cross-chain communication.

The Problem: Siloed Decentralized Systems

The central problem the cryptocurrency market is confronted with is that there is no universal existence between the different ecosystems, dApps, coins, and tokens. As such, each is hosted on its own separate blockchain or is built on top of larger ecosystems such as Ethereum, Polkadot, and Cardano.

What this means is that the users of a given blockchain ecosystem may not readily be able to interact with another ecosystem and the dApps running within the other ecosystem.

Introducing…

The Connext Network

Connext is a modular protocol for securely passing funds and data between chains.

Connext is made up of an ecosystem of nodes called routers that provide liquidity and route data between chains.

Ecosystem

What Problem Does Connext Solve?