About Wormhole (W)
Wormhole is an interoperability protocol, aimed to facilitate the secure transfer of data and tokens across leading blockchains. Its architecture is designed to empower developers to create multichain applications by leveraging liquidity and user engagement across a broad network. Wormhole network encompasses over 30 blockchain ecosystems.
Wormhole's technology stack features the Wormhole Core Contract, Guardian nodes, and a range of complementary products like Wormhole ZK, Wormhole Queries, and Wormhole Gateway. These components work together to facilitate cross-chain interactions, which is enhancing the protocol's functionality and security.
At its foundation, Wormhole operates through a network of Guardian nodes. These nodes authenticate and support cross-chain messages. Further initiating with an Emitter contract, messages are recorded and then validated by a majority of these Guardians. This is the mechanism that ensures the integrity and security of data transfers.
Wormhole's applications include DeFi, NFTs, governance. From token and NFT transfers to cross-chain governance and liquidity sharing, Wormhole's technology supports many blockchain interactions.
Wormhole’s W token powers cross-chain transfers and interoperability, enabling seamless asset and data exchange across blockchain ecosystems. The live price of Wormhole (W) is updated and can be tracked in real time on Binance.
