Lithosphere
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Lithosphere

What is Lithosphere and why was it developed?

As the first AI-powered and cutting-edge blockchain interoperability platform in the world, Lithosphere is regarded as the next-generation platform for cross-chain, censorship-resistant, and decentralized applications. In addition to offering full financial functions, connecting multiple communities and tokens, as well as bridging centralized and decentralized organizations; Lithosphere serves as a fundamental infrastructure for value transfer.

Having closely monitored the blockchain space for the last decade, the developers of the Lithosphere project noticed, amongst other significant shortcomings, a weakness in NFT transfers between networks. After learning that NFTs, at present, can only be sent to parties inside a particular network, the idea for an all-encompassing interoperable platform was born.

Even more recently, the need to connect all blockchains and enable communication between them, despite their operational differences, arose as the significance of decentralized finance (DeFi) became apparent and the majority of the tools and applications used in its operation were restricted to the Ethereum blockchain. The need for cross-chain interoperability became even more apparent when taking into account the enormous potentials that were locked up in other blockchain platforms and the fact that these platforms couldn’t be used for significant financial transactions or value transfer in the DeFi space.

Thus, the objective of the Lithosphere project is to develop a fully functional ecosystem that enables decentralized communication among various cross-blockchain transfers of any kind of data or asset. The “cross-platform access” feature of Lithosphere’s interoperable ecosystem — which offers resource access to multiple platforms via a single interface definition — is an essential component as well as the secret ace behind the platform’s operations. Additionally, through dApps on Lithosphere, the Ego DEX, or Thanos wallet, users in the Lithosphere ecosystem are equipped to receive and trade tokens from any blockchains that implement Byzantine Fault-Tolerant (BFT) consensus.

To learn more about the Lithosphere project, keep up with us via

Website | Twitter | Instagram | TG Announcement | TG Chat Group | Discord

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KaJ Labs

KaJ Labs

Decentralized research organization focusing on AI and blockchain technology. Supporting https://LITHO.ai development.