teleporter

ChainCatcher news, according to official sources, Ava Labs announced the launch of the Avalanche Inter-Chain Token Transfer (Avalanche ICTT) solution, utilizing Teleporter and Avalanche Warp Messaging underlying technologies to support seamless cross-chain transfers of tokens such as USDC and BTC between various L1s (previously known as Subnets) on Avalanche.In addition, Avalanche ICTT also allows any developer to use their own ERC-20 as a Gas token to customize L1.

ChainCatcher news, the Avalanche development team has released the Durango upgrade and launched the Teleporter to enhance interoperability within its subnet ecosystem.It is reported that the Teleporter aims to unify specific application chains (or subnets) within the Avalanche ecosystem, addressing the issue of network fragmentation. It is built on Avalanche Warp Messaging (AWM) and can communicate between its EVM-compatible subnets.

ChainCatcher news, Ava Labs announced that the new cross-chain communication protocol Teleporter, built on Avalanche Warp Messaging, is now open for testing. Teleporter provides smart contract developers with a simple, native way to call contracts on other EVM-based chains within Avalanche.Avalanche stated that Teleporter is an important step forward for cross-subnet communication and custom blockchain interoperability.