KRNL Labs, in collaboration with Sig Network, has launched an advanced cross-chain bridge that significantly enhances blockchain interoperability. This new infrastructure enables seamless transactions across different blockchains, improving speed and reducing costs for users.

The bridge utilizes Multi-Party Computation technology, allowing for instant transfers and eliminating confirmation delays. Notably, it does not rely on smart contracts on the destination chain, instead employing Sig accounts as liquidity pools, ensuring a more efficient transaction process.