Beamer Bridge has launched on Ethereum L1, allowing users to transfer ERC-20 tokens between Ethereum L1 and EVM-compatible L2s, such as Arbitrum and Optimism, in less than 20 seconds. The innovative bridge design makes use of decentralised liquidity pooling and an escalation game to deter malicious actors, making it one of the most secure bridges available. Beamer’s team is committed to improving the Ethereum ecosystem’s accessibility, providing increased interoperability between Layer 1 and Layer 2 solutions. As Ethereum moves towards rollup-centric futures, bridges like Beamer will become increasingly vital in ensuring seamless token and data transfers between different layers. Beamer celebrates its launch on Ethereum L1 with the Layer Up Fest 2023, an extensive nine-week virtual festival packed with panels and discussions featuring partners such as ZKSpace, Scroll, Safe, Gelato, and many more.
Beamer’s tech lead, Frederik Lührs, said the infrastructure in crypto needs to be open, permissionless, and censorship-resistant, and that is what Beamer bridge is achieving. The company is supporting the transition to a rollup-centric future with a focus on the core values of security and simplicity. Beamer contributes to an interoperable L2, fostering a more interconnected and accessible ecosystem.
Beamer is a free open-source software development project by brainbot technologies AG, containing a smart contract protocol, an online user interface, and agent software.