IZAR
Last updated
Last updated
In the current blockchain landscape dominated by Ethereum and the coordination across multiple chains, the DeFi and NFT ecosystems have grown rapidly in their respective environments. Cross-chain technology has built a bridge for the blockchain ecosystem and enabled users to achieve more free flow of assets. However, at the same time, it has also introduced some issues: some leading applications have attracted an enormous amount of user traffic and assets have become over-centralized; a few key personnel control hundreds of millions of dollars worth of ownership and contracts; smart contract risks are prone to theft by hackers; user assets can be tracked; and there is a lack of external oversight.
To address these issues, IZAR aims to achieve arbitrary message multisg cross-chain transactions and solve key problems around asset security, privacy protection, and decentralization. IZAR consists of three main layers:
Core Layer: Ensures storage, consensus, and information transmission.
Lock Layer: Supports the locking of various layer 1 and layer 2 blockchain assets.
Wrapper Layer: Wraps assets and facilitates settlements.
The three layers work together to provide applications with a comprehensive cross-chain privacy architecture, initially focusing on the Ethereum Virtual Machine (EVM) market.
IZAR's future is to serve and support more applications that require cross-chain privacy solutions.
