Omnichain Web: The Universal Framework for Streamlined Chain Abstraction and Cross-Layer Interaction

• URL: http://arxiv.org/abs/2411.10132v1
• Date: Fri, 15 Nov 2024 12:06:00 GMT
• Title: Omnichain Web: The Universal Framework for Streamlined Chain Abstraction and Cross-Layer Interaction
• Authors: Hardik Gajera, Akhil Reddy, Bhagath Reddy,
• Abstract summary: Omnichain Web introduces a comprehensive framework to unify decentralized networks through its core components. This ecosystem enables seamless cross-chain asset settlement, interoperability, and user-friendly decentralized application (dApp) development. By integrating advanced zero-knowledge proof systems and compatibility with AI agents, Omnichain Web empowers intent-driven and autonomous functionalities.
• Score: 0.0
• License:
• Abstract: The evolution of the Web3 ecosystem has been hindered by fragmented liquidity and limited interoperability across Layer 1 (L1) and Layer 2 (L2) blockchains, which leads to inefficiencies and elevated costs. Omnichain Web addresses these challenges by introducing a comprehensive framework to unify decentralized networks through its core components: OmniRollups, Proof Network, Ragno Network, and Builder Marketplace. This ecosystem enables seamless cross-chain asset settlement, interoperability, and user-friendly decentralized application (dApp) development, driven by innovative technologies such as modular proof networks and trusted execution environments (TEEs). By integrating advanced zero-knowledge proof systems and compatibility with AI agents, Omnichain Web empowers intent-driven and autonomous functionalities, streamlining liquidity management and user interactions across blockchains. Furthermore, its decentralized marketplace for L1 infrastructure reduces operational overhead and promotes scalable, secure, and efficient cross-chain protocols. As a pioneering solution, Omnichain Web seamlessly connects Web2 and Web3, enabling a holistic and interconnected digital economy.

Related papers

• BotDetect: A Decentralized Federated Learning Framework for Detecting Financial Bots on the EVM Blockchains [3.4636217357968904]
  This paper presents a decentralized federated learning (DFL) approach for detecting financial bots within Virtual Machine (EVM)-based blockchains. The proposed framework leverages federated learning, orchestrated through smart contracts, to detect malicious bot behavior. Experimental results show that our DFL framework achieves high detection accuracy while maintaining scalability and robustness.
  arXiv  Detail & Related papers  (2025-01-21T13:15:43Z)
• AsyncSC: An Asynchronous Sidechain for Multi-Domain Data Exchange in Internet of Things [38.94331838546716]
  Current state-of-the-art (SOTA) schemes for IoT multi-domain data exchange are constrained by the need for synchronous networks. In this paper, we propose AsyncSC, a novel asynchronous sidechain construction. Results show that AsyncSC outperforms SOTA schemes, improving throughput by an average of 1.21 to 3.96 times, reducing transaction latency by 59.76% to 83.61%, and maintaining comparable resource overhead.
  arXiv  Detail & Related papers  (2024-12-17T09:43:37Z)
• Automated Gateways: A Smart Contract-Powered Solution for Interoperability Across Blockchains [4.86520444802828]
  This study introduces Automated Gateways as a novel framework leveraging smart contracts to facilitate interoperability. By implementing fine-grained access control mechanisms, smart contracts within this framework manage accessibility and authorization for cross-chain interactions.
  arXiv  Detail & Related papers  (2024-07-17T20:45:05Z)
• Enhancing Data Integrity and Traceability in Industry Cyber Physical Systems (ICPS) through Blockchain Technology: A Comprehensive Approach [0.0]
  This study explores the potential of blockchain in enhancing data integrity and traceability within Industry Cyber-Physical Systems (ICPS) ICPS is pivotal in managing critical infrastructure like manufacturing, power grids, and transportation networks. This research unearths various blockchain applications in ICPS, including supply chain management, quality control, contract management, and data sharing.
  arXiv  Detail & Related papers  (2024-05-08T06:22:37Z)
• Blockchains for Internet of Things: Fundamentals, Applications, and Challenges [38.29453164670072]
  Not every blockchain system is suitable for specific IoT applications. Public blockchains are not suitable for storing sensitive data. We explore the blockchain's application in three pivotal IoT areas: edge AI, communications, and healthcare.
  arXiv  Detail & Related papers  (2024-05-08T04:25:57Z)
• Enhancing Trust and Privacy in Distributed Networks: A Comprehensive Survey on Blockchain-based Federated Learning [51.13534069758711]
  Decentralized approaches like blockchain offer a compelling solution by implementing a consensus mechanism among multiple entities. Federated Learning (FL) enables participants to collaboratively train models while safeguarding data privacy. This paper investigates the synergy between blockchain's security features and FL's privacy-preserving model training capabilities.
  arXiv  Detail & Related papers  (2024-03-28T07:08:26Z)
• Graph Attention Network-based Block Propagation with Optimal AoI and Reputation in Web 3.0 [59.94605620983965]
  We design a Graph Attention Network (GAT)-based reliable block propagation optimization framework for blockchain-enabled Web 3.0. To achieve the reliability of block propagation, we introduce a reputation mechanism based on the subjective logic model. Considering that the GAT possesses the excellent ability to process graph-structured data, we utilize the GAT with reinforcement learning to obtain the optimal block propagation trajectory.
  arXiv  Detail & Related papers  (2024-03-20T01:58:38Z)
• Generative AI-enabled Blockchain Networks: Fundamentals, Applications, and Case Study [73.87110604150315]
  Generative Artificial Intelligence (GAI) has emerged as a promising solution to address challenges of blockchain technology. In this paper, we first introduce GAI techniques, outline their applications, and discuss existing solutions for integrating GAI into blockchains.
  arXiv  Detail & Related papers  (2024-01-28T10:46:17Z)
• A Scale-out Decentralized Blockchain Ledger System for Web3.0 [5.327844605578174]
  This paper proposes EZchain -- a novel decentralized scale-out" ledger system designed for web3.0. Without compromising security and decentralization, EZchain successfully accomplishes the following milestones.
  arXiv  Detail & Related papers  (2023-12-01T01:34:48Z)
• Eden: An Provably Secure, Ultra-Fast, and Fully Decentralized Blockchain Interoperability Protocol [0.7618405693664531]
  We introduce Eden, the parallel-verified messaging protocol powering SparkleX. Eden is an elastic, decentralized envoy network built on a zero-knowledge MapReduce framework. We explore Eden's design, its robust security model, and the innovative mechanisms that ensure its elasticity and resilience.
  arXiv  Detail & Related papers  (2023-11-29T08:52:07Z)
• When Quantum Information Technologies Meet Blockchain in Web 3.0 [86.91054991998273]
  We introduce a quantum blockchain-driven Web 3.0 framework that provides information-theoretic security for decentralized data transferring and payment transactions. We discuss the potential applications and challenges of implementing quantum blockchain in Web 3.0.
  arXiv  Detail & Related papers  (2022-11-29T05:38:42Z)

This list is automatically generated from the titles and abstracts of the papers in this site.

This site does not guarantee the quality of this site (including all information) and is not responsible for any consequences.