Hashgraph Unveils CLPR: A Bridgeless Standard for Cross-Ledger Communication
Hashgraph unveiled CLPR at HederaCon, a bridgeless cross-ledger protocol that moves tokens and data between blockchains using cryptographic proofs.
➤ Hashgraph has launched CLPR, a novel bridgeless cross-ledger protocol designed to facilitate secure token and data transfer between blockchains using cryptographic proofs instead of traditional bridges. ➤ CLPR aims to solve the significant security risks and liquidity fragmentation issues associated with existing cross-chain bridge solutions, which have led to billions in losses. ➤ The protocol is positioned as a potential new standard for blockchain communication, with plans to expand beyond Hedera to other major networks and an early adopter program for institutions.