Q Development AG Announces Deployment of Hyperlane for Cross-Chain Governance in Web3
Q Development AG, a company based in Liechtenstein supporting the Q Protocol, has made a groundbreaking announcement regarding the deployment of Hyperlane on Q. This move is set to revolutionize cross-chain governance in the Web3 ecosystem, marking a significant milestone for Q in creating a fundamental governance layer for the future of blockchain technology.
Hyperlane, founded in 2022, is a permissionless interoperability framework that facilitates seamless connectivity across diverse blockchain networks. By deploying Hyperlane’s messaging bridge on Q, projects can now enjoy interoperability across over 50 ecosystems and blockchain networks, starting with the integration of Polygon PoS, one of the most widely used protocols in the world.
The collaboration between Q and Hyperlane enables cross-chain governance on Q, providing a novel key primitive for Web3 called Shared Governance Security. This feature allows projects to safeguard critical governance decisions, enhancing security and decentralization. Previously, Q’s governance features were only available to projects built natively on Q, but with the integration of Hyperlane, all projects can now tap into Q’s governance security features, regardless of the blockchain they operate on.
Nicolas Biagosch, co-initiator of the Q Protocol, expressed excitement about the potential impact of enabling cross-chain governance on Q, stating that their vision is to create value for all of Web3 by making Q’s governance security accessible to all projects. Jon Kol, Founder of Hyperlane, emphasized the importance of deploying the interoperability framework, highlighting the benefits of extending Q’s governance capabilities to any blockchain connected to the Hyperlane network.
Q Development AG, based in Gamprin-Bendern, Liechtenstein, is dedicated to advancing the Q protocol and supporting the Q ecosystem. With the deployment of Hyperlane on Q, the company is taking a significant step towards achieving their goal of enabling cross-chain governance and enhancing the security and decentralization of Web3 projects.
For more information about Q Development AG and Hyperlane, visit their respective websites at https://q.org/ and https://www.hyperlane.xyz/.
