Conclusion
X Protocol is a cross-chain acceleration engine based on intent, zero-knowledge proof, and smart contract technologies. Its goal is to build a more efficient and user-friendly cross-chain ecosystem by improving cross-chain efficiency, reducing costs, while ensuring decentralization and security.
In the technical whitepaper, X Protocol first identifies two main challenges facing current cross-chain protocols and bridges: cross-chain asset challenges and cross-chain protocol challenges. To address these issues, it introduces an intent-centric approach and restaking mechanism.
In addressing cross-chain asset challenges, X Protocol constructs an ecosystem of free market pricing by introducing Solvers to provide optimal rates on the target chain, enabling users and cross-chain market makers to participate more flexibly in cross-chain asset circulation while avoiding the issue of cross-chain market maker assets being locked for extended periods.
In addressing cross-chain protocol challenges, X Protocol reduces the cost of cross-chain transactions and improves protocol efficiency by adopting the method of user intent on-chain and Solver providing specific Calldata. By not storing specific Calldata on the source chain, X Protocol effectively avoids MEV attacks and underlying protocol security validation issues.
By introducing the Restaking mechanism, X Protocol addresses the issues of underlying protocol security validation, reduces the presence of trust issues, and lays the foundation for a more efficient, secure, and user-friendly cross-chain ecosystem.
Overall, X Protocol provides a comprehensive solution aimed at building a more efficient, secure, and user-friendly cross-chain protocol, addressing various challenges faced by the current cross-chain field.
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