Polkadot & Kusama ecosystem projects directory
Polkadot & Kusama ecosystem projects directory

Hyperbridge (Nexus)

Bridge
Infrastructure

Hyperbridge is an interoperability coprocessor that has been designed with full node level security. By leveraging Polkadot as a consensus layer, we obtain high crypto-economic security, equivalent to about $5 billion at the time of writing. This ensures that hyperbridge is resistant to governance attacks that would’ve otherwise successfully compromised the protocol if it had to bootstrap its own validator set.

Hyperbridge inherits cheap consensus proofs through BEEFY, which attests to the validity of all parachain state transitions secured by the network. Because of this, we can shard the work of validating consensus, state proof and state transition re-execution across multiple so-called parachain cores. This allows us to aggregate the cross-chain messages from multiple connected blockchains which are verified on multiple parachain cores into a single zk consensus & state proof that can be verified cheaply on any chain.

This cost will be cheap enough to compete with non-consensus proof based bridges which simply verify MPC signatures onchain for attestation. It is critical to note that the reason this kind of interoperability coprocessor hasn’t been attempted before is because it is an architecture that is uniquely enabled by Polkadot. All of this culminates in what is undoubtedly the holy grail of interoperability: a single proof that aggregates multiple sub-proofs to facilitate the most secure and scalable cross-chain message passing.

Tokens:  NAND
Status
Announced
 Testing
Parathread on Polkadot
Parathread
In Auction on Polkadot
Auction
polkadot
Polkadot
April 10, 2024
February 13, 2026
~662 days remained
Auction 65: WINNER
Leasing: April 10, 2024 - February 13, 2026
Crowdloan ID: 3367-88 
Funds Raised: 273 468 DOT ($2 012 726)
Leading Blocks:  45.04%
Project Auction Info:  crowdloan details 
Reward: 1 DOT : 100 NAND
Crowdloan Cap: 500 000 DOT
Reward Pool: 50m of 1b (5%)
  • The token rewards will be available after a 6-month cliff period with an 18-month linear vesting period
Developer Activity
If you have a connection to this project, kindly Contact Us to keep the details current
Primary Token:
NAND
Total Supply:
1 000 000 000
Crowdloan Reward Pool:
50 000 000 (5% of Total Supply)
NAND Distribution
News
Apr 4, 2024 at 08:42 UTC
Mar 24, 2024 at 05:15 UTC
Hyperbridge is a hyper scalable, interoperability coprocessor. Powered by zkSNARKs.
Last Bid: 273 468 DOT
Slot Acquisition: crowdloan
Reward: 1 DOT : 100 NAND
Leading Blocks: 45.04%
Leasing Period: April 9, 2024 - February 13, 2026

Hyperbridge (Nexus)has won Polkadot Auction #65
Mar 22, 2024 at 23:52 UTC
Mar 21, 2024 at 19:06 UTC