Golden Gate (GGX) launches public test network for DeFi and Cross-Chain dApps

15.05.2023

The public TestNet GGX is open to developers interested in building native crosschains. Using cross-chain infrastructure, Golden Gate unifies the current isolated infrastructure landscape while protecting on-chain assets in Web3. Using Golden Gate, developers can avoid the risks that have arisen with the current vulnerable and fragile cross-chain infrastructure that exists in the market today. Golden Gate solves critical cross-chain pain points by enabling developers to build multi-chain applications using its Multi-Party Computation, Embedded Hybrid VM and Decentralized Oracle capabilities.

Golden Gate began development in 2021 and is currently in public TestNet with several early community projects creating next-generation applications such as the new DEX and AMM. Golden Gate’s accessibility to numerous protocol messaging standards, including IBC, LayerZero and XCMP, among others, makes it unique, removing the constraints of developers in deciding where to build. Prior to founding Golden Gate, the team helped develop and scale some of today’s leading Web3 infrastructures, including Tier 1 blockchain, middleware and DeFi applications. She has previous experience in traditional technology, academia and the aerospace industry. Golden Gate uses formal verification to achieve comprehensive security standards adopted by the aerospace and chip manufacturing industries.