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VI Alliance of prominent platforms built on Solana are jointly promoting Web3 messaging service by combining development on a new platform.
This product called "Open Chat Alliance" was announced on August 23 and is developed by more than 27 projects on the internet. Solana, most notably the Notifi Network messaging protocol, Bonfida, and the Only1 social media platform.
🚨 Introducing — Open Chat Alliance & xMS@NotifiNetwork x @bonfida x @only1nft
— xMS Notifi (@NotifiNetwork) August 23, 2022
• In efforts to improve the communications between projects & their users, we've partnered with over 27+ projects to build a new open source messaging standard in web3. (1/8) https://t.co/rTBrDJHvO1 pic.twitter.com/kl4BTeEPwf
Their plan is to create a transparent and interoperable standard for handling messages based on cryptocurrency can grow rapidly across the industry through the adoption of xMS open source standards.
According to the announcement, xMS is a cross-chain messaging service built to be interoperable and easily accessible with both on/off-chain capabilities. The “Open Chat Alliance” community will receive exclusive xMS access during this first alpha phase.
What's Open Chat Alliance?
— xMS Notifi (@NotifiNetwork) August 23, 2022
• Over 27+ Solana based protocols have come together to help streamline crypto communications through open-sourced standards like xMS chat. Communities of these protocols will receive exclusive xMS access during this early alpha stage. (2/8)
In addition, the alliance says it will form a communication standard that projects across multiple blockchain can be easily used and interacted with despite the technological differences between the blockchain there. For example, the Open Chat Alliance standard will make it easy for Solana users to send messages to someone on the Internet Ethereum such as.
However, this can be a unique idea but also quite challenging when Open Chat Alliance is related to cross-chain. Because the cross-chain array in recent times has really become a "nightmare" for investors through many attacks that continuously occur with "huge" losses.
Elected is in the total number of cases hack the largest in 2022, appeared up to four cases hack about cross-chain include Ronin ($662 million), Wormhole ($325 million), Horizon (100 million USD) and Nomad (176 million USD).
However, in order to reassure the above worries, Notifi Network CEO Paul Kim explained that the risks of cross-chain hacking were considered by the development team before launching the project and this is why the framework Open Chat Alliance's build exclusively for messaging services.
“There are different features as a user that you can sign up for and depending on the feature you use with different security protocols. With Open Chat Alliance, however, we haven't really interacted with any transactions other than texting."
