Today, SEDA announced the first-of-its-kind Interoperability Verification Module (IVM) framework to set an industry standard for cross-chain verification.
A New Framework for Cross-Chain Interactions
SEDA introduced the IVM framework providing permissionless independent verification of any cross-chain transaction across all routes. Built for modular scaling, the framework aims to expand active networks to over 2,000 by 2026.
Features and Benefits of SEDA IVM
Key features of IVM include singular data security zones, liveness guarantees, and a programmable design to meet specific bridge and application needs.
Addressing Industry Challenges
The IVM system addresses issues such as bridge downtime, evident in the Stargate example. Through SEDA’s distributed architecture, providers obtain security guarantees, reducing downtime and collusion risks.
SEDA IVM provides crucial security and liveness guarantees for cross-chain interactions, allowing providers to focus on scalability and innovation.
