Axelar Network has announced the launch of the Axelar Virtual Machine, which aims to boost the widespread adoption of Web3. The platform enables developers to architect decentralized applications and deploy them all over the Web3 segment. The Axelar Virtual Machine is based on the mechanism of programmable interoperability to scale the interchain, allowing developers to write smart contracts that scale their deployments.
Interoperability Made Programmable with Axelar Virtual Machine
Axelar Virtual Machine is powered by Cosmwasm to turn interoperability into a programmable layer, thereby enabling developers to write smart contracts that scale their deployments. The platform comes with two products, namely Interchain Amplifier and Interchain Maestro, that aim to simplify the development process across different chains. Interchain Amplifier connects to any chain the developer wants and makes the connection easier to work with other decentralized apps without any restrictions, while Interchain Maestro automates complex tasks associated with the management of multi-chain dApps.
Axelar Virtual Machine Compatible with Different Economies and Complexities
Axelar Virtual Machine highlights sections that have received little attention in the industry, including economics, cost of development, and complexity, among many others. The platform is compatible with all of them at the best possible price. Plans are in the pipeline to expand the interchain through a “developer grant program” that will carry a budget of approximately $5 million, leveraging the capacities of the Axelar Virtual Machine to strengthen communication among more chains.