About Connext

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About Connext

At Connext we believe in the power of decentralized networks to transform finance and put value back into the hands of individuals
We think this becomes possible when everyday users can exchange value effortlessly between disparate cryptosystems

At The Frontier of Blockchain Scalability Since 2017

“We started in 2017 as one of the first teams to work on L2 research, as we have always been interested in improving the user experience of Ethereum and the broad ecosystem .
In 2018, we built the first L2 on Ethereum with Spankchain.

We soon realized we were heading towards a fragmented and multi chain space, and achieving cross-chain interoperability was going to revolutionize the blockchain experience.
In 2020 we built a demo to trustlessly move tokens across L2s.

Connext is set to become the solution for fully generalized communication across L2s and other chains.

Us ers don’t need to realize what chain they are using, enabling a true, multichain World.”

Our Values

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Openness

We embody the open source ethos from the ground up.
We welcome team and community members of all genders, ethnicities, backgrounds, orientations, and from all jurisdictions.

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Action-orientation

We don't just talk about things, we ship code.
We ruthlessly prioritize the most critical tasks and execute them day after day, both independently and as a team.

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Transparency

We're upfront with users when we mess up and honest with ourselves when things aren't working.
We do this especially when it's difficult.

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Simplicity

We strive for simplicity in everything we do.
We think the best products and companies in the world are built this way.

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Connext is unique in three key ways

01.

Trustless

Unlike other interoperability protocols, Connext does not introduce trusted third parties to communicate across chains. This means Connext gives users the same economic security, or trust-minimization, as the underlying chain(s).
02.

Universal

Connext is designed to work the exact same way on any system and be extensible by developers to enable new types of communication.This means that it can quickly be expanded to all chains and use cases.
03.

Low Cost

Routers in the network are not subject to lockups of their liquidity, nor do they need to interact with slow, expensive L1 chains when transferring between faster L2 systems.This makes Connext the cheapest option for crosschain communication there is.

Connext is made up of an ecosystem of nodes called routers that provide liquidity and route data between chains. Applications built on Connext communicate with routers using NXTP, a lock/unlock protocol that enables passing value and calling contracts across chains.

Connext powers fast, secure bridging between blockchains and rollups for composable, trust minimized value.