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What is Axelar (AXL)?

Abbreviation AXL
Category Cross-chain infrastructure
Founder(s) Sergey Gorbunov and Georgios Vlachos
Blockchain Axelar
Protocol Proof of Stake
Launch date February 2022
Links Whitepaper

Introduction to Axelar

Axelar is a network designed to enable different blockchains to work together seamlessly. The project focuses on interoperability, allowing for the secure exchange of data and assets between networks that normally operate independently. Instead of improving one specific blockchain, Axelar serves as a connecting layer, enabling developers to build applications that operate across multiple blockchains simultaneously.

How Does Axelar Work?

Axel