1. Introduction of the new white paper by 1inch Network
2. Key advantages of the Fusion Atomic Swap Protocol
3. Looking ahead at cross-chain interoperability

1inch Network has released a new white paper aimed at solving one of the most pressing challenges in the cryptocurrency industry—cross-chain interoperability.

Introduction of the new white paper by 1inch Network

1inch Network, a decentralized finance platform, announced the development of the new 1inch Fusion Atomic Swap Protocol. This hybrid protocol combines the security of traditional atomic swaps with the simplicity of an intent-based approach to improve user experience and technology efficiency.

Key advantages of the Fusion Atomic Swap Protocol

According to 1inch co-founder Anton Bukov, one of the main advantages of the new protocol is its combination of a seamless user experience with cutting-edge technology. Bukov highlighted: "These technologies are built on three key principles: being fully trustless, offering protocol extensibility without centralized authorities, and leveraging Dutch auctions alongside resolver competition to ensure optimal execution."

Looking ahead at cross-chain interoperability

The new protocol will enable seamless cross-chain swaps, regardless of whether the tokens are on layer-1 (L1) or layer-2 (L2) blockchain networks, effectively erasing network boundaries. Looking ahead, resolvers can utilize their services through other centralized bridges, creating an aggregation of cross-chain liquidity and further enhancing the DeFi ecosystem.

With the release of its new white paper and Fusion Atomic Swap Protocol, 1inch Network aims to tackle one of the most pressing issues in the cryptocurrency industry—cross-chain interoperability, potentially transforming the entire DeFi ecosystem.