The idea of decentralization blew around in 2010s. Since then, people are making and building new networks. However moving assets and information between networks has became a complex and inefficient process requiring user to have understanding of bridges and mechanics of specific networks. Then there’s also lies a problem of having a centralized party to monitor the minting and burning of tokens on two different networks in a bridging process which questions the idea of decentralization of web3.
PolyLink introduces a intent-based solution to these problems by enabling users to move assets between networks without getting into the technical details of the network and using an AVS to monitor the minting and burning of assets between two networks in the bridging process making it completely decentralized and make people believe in the idea of decentralization.
In a lot bridges these days, user has to follow the a set of steps to transfer assets. They must specify paths and details such as specific chains, gas fees, and technical parameters. If the user doesn’t have much knowledge about the chain and technical aspects, the outcome can be worse. PolyLink intent based interoperability enables user to do this operation with much ease and by just providing a prompt (e.g., “transfer 1000 tokens to one blockchain to another using the cheapest route”) and relies on validators to ensure that the outcome is achieved as requested. For AVS use-case, PolyLink uses an AVS (Actively Validated Service) to make the bridging process more decentralized and trustable for the users.
The PolyLink protocol operates through a network of validators and operators who manage user intents and verify transactions. The process can be understood in the following key steps:
Below are simplified conceptual diagrams that illustrate the intent-based workflow in PolyLink.