Chainlink announced the upcoming launch of the CCIP for cross-chain communication.
The oracle network also unveiled Keeper which is now live on Ethereum.
Oracle service provider Chainlink has announced the upcoming launch of the Cross-Chain Interoperability Protocol (CCIP) to seamlessly enjoy the benefits of independent blockchains. Chainlink unveiled the CCIP in a report published on the 5th of August.
The release mentioned the growing number of independent blockchain ecosystems, which has led to a rise in the multi-chain world. Chainlink further noted the challenges with developing cross-chain applications due to the issues with other existing cross-chain infrastructure. The oracle service provider explained:
For one, there is extensive fragmentation in token bridges and messaging protocols, most being application-specific services between two distinct chains. Additionally, many bridges are fairly centralized with weak security guarantees, lack transparent or reliable node opera
