Omnity Litepaper
  • 📜Omnity Litepaper
  • 🗒️Summary
  • 🔮Challenges
    • Settlement and Execution Chains
    • Canonical Bridges
    • IBC Protocol
    • Relayers
    • Hub Security
    • Peg Zones
  • 💡Novel Solutions
    • IC Customs and Routes
    • Interoperability Requirements
    • Zero Off-chain Components
    • Execution Chain Finality
  • ⚙️IC Enablers
    • Chain-Key Cryptography
    • High-computational and Storage Efficiency
    • Native Integrations with Bitcoin and Ethereum
    • Reverse Gas Model
    • On-chain Governance
  • 📈Upgrowth
    • Protocol Revenue
    • Goals
  • 📝Coda
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  1. IC Enablers

High-computational and Storage Efficiency

A smart contract can carry out complex computations like verifying a block header with hundreds of signatures or storing a few hundred GB of data on a chain, all at a very affordable cost, which is simply impossible on any other blockchains. This is why Omnity can implement the world's first on-chain Bitcoin token indexer, which facilitates transferring Bitcoin tokens to other blockchains in a fully trustless way.

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Last updated 1 year ago

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