CCIP: Difference between revisions
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{{:Box-round|title=Quick | {{:Box-round|title= Quick take: CCIP (Cross Chain Interoperability Protocol)|1= | ||
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<big>'''Enabling a Secure and Flexible Multi-chain Ecosystem'''</big> | |||
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Cross-Chain Interoperability Protocol (CCIP) provides a universal, open standard for developers to build secure services and applications that can send messages, transfer tokens, and initiate actions across multiple networks. | |||
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< | <h2>In depth</h2> | ||
CCIP aims to establish a universal, open standard to help enable developers to build secure services and applications that can send arbitrary messages, transfer tokens, and initiate actions across multiple blockchain networks.<ref name="CCIP">https://blog.chain.link/smartcon-research-updates/</ref> | |||
CCIP’s architecture comprises three layers—messaging (programmable bridge), transport (CCIP core), and decentralized oracle networks (DONs) using OCR 2.0, as well as a fourth component in the form of the Anti-Fraud Network (AFN) that supports each layer.<ref name="CCIP" /> | |||
A unique feature of CCIP is the Anti-Fraud Network, a separate verification layer that independently monitors all layers of the CCIP stack. If the AFN’s nodes notice any nefarious activity, an emergency shutdown can be automatically triggered to stop cross-chain activity. Whenever a contract performs an action, it checks the status of the AFN to see if the system is in an emergency pause state. Notably, the AFN only monitors public (on-chain) information, making its activity fully auditable.<ref name="CCIP" /> | |||
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<h2>Release info</h2> | <h2>Release info</h2> | ||
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<h2>Relevant quotes</h2> | <h2>Relevant quotes</h2> | ||
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<h2> | <h2>Timeline</h2> | ||
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* '''28 Sep 22.''' Chainlink announce that SWIFT is using the Cross-Chain Interoperability Protocol (CCIP) in an initial proof of concept. View the announcement video [https://www.youtube.com/watch?v=6DgnHKTI-EU HERE]. | |||
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{{:CCIP_resources}} | {{:CCIP_resources}} | ||
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[[Category:Services]] | |||
Latest revision as of 06:56, 9 October 2022
Quick take: CCIP (Cross Chain Interoperability Protocol)
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Enabling a Secure and Flexible Multi-chain Ecosystem
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In depth
CCIP aims to establish a universal, open standard to help enable developers to build secure services and applications that can send arbitrary messages, transfer tokens, and initiate actions across multiple blockchain networks.[1]
CCIP’s architecture comprises three layers—messaging (programmable bridge), transport (CCIP core), and decentralized oracle networks (DONs) using OCR 2.0, as well as a fourth component in the form of the Anti-Fraud Network (AFN) that supports each layer.[1]
A unique feature of CCIP is the Anti-Fraud Network, a separate verification layer that independently monitors all layers of the CCIP stack. If the AFN’s nodes notice any nefarious activity, an emergency shutdown can be automatically triggered to stop cross-chain activity. Whenever a contract performs an action, it checks the status of the AFN to see if the system is in an emergency pause state. Notably, the AFN only monitors public (on-chain) information, making its activity fully auditable.[1]
Release info
Use cases
Relevant quotes
Timeline
- 28 Sep 22. Chainlink announce that SWIFT is using the Cross-Chain Interoperability Protocol (CCIP) in an initial proof of concept. View the announcement video HERE.
CCIP (Cross chain interoperability protocol) resources
Our goal with the Wiki resource lists is to create authoritative archives for readings and other resources pertaining to specific topics.
As such, the Wiki aims to keep all resource lists current, consistent, accurate and clear.
Timeline
| Date | Media | Author | Title |
|---|---|---|---|
| 02 Jan 22 | Video | Sergey Nazarov | Sergey Nazarov discusses CCIP in his talk entitled "The Future of Chainlink" |
| 25 Sep 21 | Video | Sergey Nazarov | Announcing the Cross-Chain Interoperability Protocol (CCIP) |
Educational