The pNetwork Community Association is proud to announce the completion of pNetwork v4!
With this release, the Ethereum and EOS networks are now successfully connected using pNetwork v4's innovative modular architecture.
This milestone represents the culmination of years of effort to deliver a fully decentralized protocol, empowering blockchain communities to achieve seamless cross-chain interactions while maintaining complete control over their assets.
What is pNetwork v4?
pNetwork v4 is a groundbreaking shift in the pNetwork ecosystem. No longer a canonical bridge, it is now a modular interoperability protocol, or, if you prefer, a bridge enabler, designed to empower projects with full independence and operational control over their cross-chain infrastructure.
What does this mean? It means pNetwork v4 provides the infrastructure for token issuers to easily build their own bridges—which they control and secure entirely! No dependencies, no centralization points, no lock-in!
Token issuers (projects) can deploy their own tokens and bridges on pNetwork v4, enabling their tokens to seamlessly expand across multiple blockchain networks.
pNetwork v4 is built to serve EVM-compatible and non-EVM chains alike, offering high flexibility for a broad range of use cases.
Key highlights of pNetwork v4
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Full Decentralization: The protocol ensures integrity through decentralized verifiers, eliminating the need for trust in a central authority.
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Enhanced Token Ownership and Control: Thanks to xERC20 and a pNetwork-powered custom token standard on EOS, token issuers maintain complete ownership and operational control of their tokens across host chains, with no dependency on third-party wrapped tokens. pTokens are effectively discontinued!
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Modularity: The architecture supports a broad range of configurations. Projects can operate pNetwork v4 standalone or integrate it with other bridges, aggregators, and validators to customize their level of security and trust.
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Flexibility: Designed for both EVM-compatible and non-EVM chains, pNetwork v4 is adaptable to a wide variety of blockchain ecosystems.
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Delegated Gas Costs: Users execute transactions on the destination chain, maintaining transparency and control over gas fees.
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Security and Configurability: Token issuers and projects can design their security configurations, with verifiers tailored to meet their specific requirements.
This unique design eliminates liquidity fragmentation, simplifies cross-chain interactions, and places all control in the hands of token issuers.
The v4 modular architecture
pNetwork v4 introduces a collection of independent, decentralized components that projects can manage autonomously:
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pNetwork Adapter Contract: Facilitates wrapping/unwrapping of tokens and serves as the entry point for UIs.
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Lockbox: A secure vault for collateral, ensuring the integrity of token wrapping/unwrapping operations.
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pNetwork Fee Contract: Accumulates node operator fees, ensuring fair distribution via the Security Council.
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pNetwork Authorization Module (PAM): Verifies and authorizes operations across chains.
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pNetwork v4 Nodes: Decentralized verifiers that ensure data integrity and validate cross-chain operations in a trustless manner.
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Security Council: Governs fee distribution and ensures the reliability of protocol operations through decentralized oversight.
Each of these components operates independently, ensuring maximum flexibility. Only the fee contract is immutable, ensuring consistent fee accrual for the pNetwork nodes.
Call to Action: pNetwork in the hands of its Community
With the completion of pNetwork v4, the pNetwork Community Association has reached its goal of delivering a fully decentralized, open-source, and modular cross-chain protocol**.** While we no longer have the resources to continue growing and developing the protocol, we are proud to leave behind a promising, decentralized, self-sustaining infrastructure.
Now it’s time for the community to take over. Your contributions are essential to pNetwork’s ongoing success. All documentation, resources, and source code can be found on the Association’s GitHub and through official pNetwork channels.
Celebrating the Journey
We extend our deepest gratitude to all those who made this journey possible. To the DAO members, White Knight, stakeholders, and community members who provided unwavering support over the years—thank you for believing in our vision.
Special kudos to the amazing developers and contributors who brought their expertise, resilience, and friendship to this challenging yet rewarding project. Your dedication and innovation have shaped pNetwork over these years.
Though this chapter closes, the future of pNetwork remains in the hands of its community. Together, let’s continue to build and grow the decentralized future we’ve worked so hard to create.
Onward!
Resources for building on pNetwork v4
All pNetwork v4 work is open-source and publicly available, enabling token issuers to autonomously deploy their tokens and allowing developers to continue the development or review the protocol.
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Generic Resources: GitHub - pNetwork Resources
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Onchain Contracts: GitHub - pNetwork v4 Onchain Contracts
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Off-chain Event Attestator: GitHub - Event Attestator (Nitro)
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Library to Interact with the Protocol: GitHub - pTokens.js
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dApp: GitHub - pTokens dApp
The pNetwork Community Association is a Swiss association led by community members who are long-term supporters of pNetwork as a technology, token, and protocol. It aims to contribute to the development, growth, and education of anything pNetwork-related.
pNetwork is a protocol that enables cross-chain operations, such as transferring assets from one blockchain to another. It is designed to provide interoperability between different blockchain networks, allowing users to take advantage of the unique features and capabilities of each network while still being able to access and use their assets on other networks.
