Darwinia Network is an open cross-chain bridge protocol based on Substrate. It focuses on the construction of the future Internet of Tokens, facilitating decentralized tokens swap, exchange, and market interactions. It offers a community-run technology and service aiming to provide seamless communication between disparate blockchain networks through secure and efficient cross-chain messaging protocols.
Darwinia Network is built on Substrate and functions as a Polkadot parachain, using technologies like XCMP for cross-chain messaging, Helix Bridge for bridging with EVM ecosystems, and Msgport for programmable cross-chain messaging. It supports Ethereum Virtual Machine (EVM) compatible smart contracts, facilitating the deployment of applications from other EVM chains. The network uses Polkadot's Nominated Proof of Stake (NPoS) consensus algorithm and benefits from Polkadot's shared security model.
Potential use cases for Darwinia Network include:
Real-world applications include partnerships with projects like ArthSwap for asset swapping and liquidity, and collaborations with Moonbeam and Astar Network for cross-chain connected applications and WASM smart contract development.
Darwinia Network was founded by Alex Chien, initially developed by Itering.io with a focus on blockchain and cross-chain infrastructure. Launched in 2019, it has been integrated as a Polkadot parachain, leveraging its security and interoperability features. The network has developed technologies like Darwinia Msgport and the Darwinia EVM + XCMP. It has been supported by grants from the Web3 Foundation and is part of the Substrate Builders Program. Significant partnerships have been formed with Maker, DDEX, and Parity, and the Crab Chain serves as its canary network on Kusama.
The Darwinia Network price is $0.00385318 AUD, representing a +3.07% from the day prior.
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The trading volume of Darwinia Network (RING) is $98.0K AUD in the last 24hrs, representing a +3.07% from the day prior.
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The current market cap of Darwinia Network (RING) is $6.3M AUD.
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The current circulating supply of Darwinia Network (RING) is 1.8B.
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