I believe that the old investors all know that this round of Layer 1, Layer 2, RWA, DEPin, DeFi and AI sectors are all very strong.
If there is a project that not only integrates all of the above areas but also achieves 100-fold growth, would you be curious about what this project is? What is its business? Why can it achieve such growth? What is its future development potential?
Today, I will take you to explore in depth the secrets behind this 100-fold project - Entangle.
The full video can be viewed on my YT channel~
Background of the project
The name Entangle is inspired by quantum entanglement, symbolizing that the project aims to build a unified Web3 ecosystem by closely connecting different blockchain networks through cross-chain liquidity and synthetic derivatives solutions (just like quantum entanglement links different particles together).
Currently, the Entangle mainnet has been launched and users can freely interact with it.
As we all know, there are more public chains in the current market than projects, and more projects than users. Although L2 reduces the transaction costs of Ethereum, it also divides the entire crypto market into countless isolated islands, including divisions between different chains and between projects.
Many investors (like me) hold assets on multiple public chains, which means they face the problems of high learning costs and complex cross-chain operations.
Therefore, the Entangle project came into being, providing underlying solutions such as cross-chain oracles and multi-chain liquidity aggregation, aiming to simplify the user experience and accelerate developer construction. Its advanced functions are being implemented one by one. For details, please see the official website roadmap.
Entangle has cooperated with many star projects such as Arbitrum and Mantle, and integrated 42+ DApps and 16+ blockchains. It is definitely a regular army project that does serious work.
It supports multiple use cases such as L1, L2, DeFi, and launched its mainnet on April 24, providing full-chain solutions for EVM and non-EVM chains.
Entangle simplifies the cross-chain process, making asset transfer and inter-chain interaction more convenient.
In addition to the impressive financing background, the team background is also very strong. The project founder has worked for financial giants such as JPMorgan Chase, Credit Suisse and Barclays Bank and is a master in the traditional financial field.
Similar projects include ARB, etc. It can be seen that outstanding Web2 elites are often the guarantee of the success of Web3 entrepreneurship.
Project Capabilities
Entangle mainly provides three services:
1. Liquidity Treasury: Provide liquidity for all chain assets and help users mine automatically
2. Automatic pricing system: Similar to the oracle service, it provides data and uploads it to the chain
3. Photon cross-chain protocol: cross-chain services through centralized nodes
To sum up, it is "full-chain interoperability", which can be simply understood as a "handshake" between different chains, just like building bridges between islands that are inaccessible to traffic, so that information and assets can flow freely.
How does Entangle solve this challenge?
First, it supports EVM and non-EVM networks. After the information is generated in the source chain, Entangle's execution agent will capture and securely process the information and verify it according to the rules.
After verification, the receiving agent ensures that the information is accurately delivered to the target blockchain.
The entire process is centered on the Entangle blockchain, which is like a transit center in express delivery, ensuring the security and accurate delivery of information.
How does Entangle ensure that the receiver receives the correct information?
To ensure the accuracy of information, Entangle provides a low-cost, low-latency, and highly secure data infrastructure that is suitable for a variety of on-chain and off-chain data sources. Its core function is to efficiently query data and pass it to smart contracts, embed all logic, and support use cases such as real-time asset pricing, loan collateral, and on-chain derivative creation.
Entangle ensures the accuracy of the data through a multi-verification mechanism. The receiving agent will vote on the data and ultimately confirm the information, similar to a review team composed of multiple validators to ensure that each piece of information is accurately delivered to the destination.
With the communication tools and the guarantee of the correctness of message transmission, a powerful platform is finally needed to support all these operations, that is Entangle Blockchain.
It not only provides support for the above processes, but also ensures the efficient and secure operation of the entire network through its innovative design, while overseeing the storage, verification and processing of data.
Summarize
The Entangle blockchain consists of three layers: application layer, module layer and consensus layer.
You can think of Entangle as a city:
The “application layer” is like the center of a city, responsible for all information processing and communications;
The “module layer” is like different areas of a city, each of which is responsible for specific functions such as staking, asset sending and receiving, and contract deployment;
The "consensus layer" ensures that information and transactions flow as smoothly as a city's transportation system, ensuring punctuality.
Entangle's structural design, combined with its low transaction fees and fast block confirmation time, ensures efficient and economical operations. It is also compatible with EVM, allowing developers to easily deploy smart contracts.
In addition, Entangle provides the Gamefi platform, which provides incentives for players, viewers and developers, revolutionizing the gaming experience.
It also launched its own DeFi protocol, allowing users to earn rewards through staking. Entangle's MEME project BORPA is about to be launched, and its over-the-counter trading price has reached $800, which is highly anticipated.
In general, the biggest feature that distinguishes Entangle from other full-chain infrastructure projects is its "built-in scenarios". It not only provides basic technical support, but also provides applications and auxiliary tools closely related to technology, supporting diverse application scenarios such as DeFi, GameFi, and prediction markets.
Through these innovative use cases, Entangle not only proves its value as a technology provider, but also demonstrates its role as a comprehensive ecosystem builder, providing solutions that are not limited to improving asset liquidity, but also introducing new ways of interaction in the crypto space.