Today, we are excited to announce that Litentry has officially rebranded to Heima Network! This marks an important milestone in the development of Heima Network. With this brand upgrade, Litentry will fully embrace chain abstraction, break down the barriers between different blockchains, and bring more open, flexible, and efficient solutions to the crypto industry, further promoting decentralized identity and asset management.
Since our launch, with the support of our community and partners, we have achieved tremendous success. Litentry, through its core decentralized identity management technology (IDGraph) and cross-chain functionality, has gradually established a decentralized identity management platform that supports cross-chain asset and identity operations. By joining the Polkadot ecosystem, launching OmniAccount, implementing cross-chain bridges, and integrating with DeFi, Litentry has made significant progress in the field of decentralized identity verification.
Why Rebrand?
With the rapid evolution of blockchain technology and the diversification of ecosystems, various public chains and cross-chain protocols have emerged. Users’ needs are no longer limited to operations within a single ecosystem but extend to managing identities, assets, and transactions across multiple blockchain platforms. However, users face many challenges during this process, including cross-chain transactions, asset liquidity, and privacy protection. For example, users may want to engage in DeFi operations on Ethereum, buy NFTs on Solana, and participate in governance on Polkadot. Yet, each chain has a different identity and account management system, and assets are fragmented, requiring users to create and manage multiple accounts and assets on different platforms, thus increasing complexity and risk.
This brand rebranding is to respond to the rapid evolution of blockchain technology and the complexity of the multi-chain ecosystem, providing a unified solution for cross-chain identity management and asset liquidity, meeting users’ needs for seamless operations across platforms.
Why Choose “Heima”?
After much discussion and selection, we have decided to rename Litentry to “Heima Network.” “Heima” means “hometown,” symbolizing a safe and warm harbor, and also conveying our philosophy of providing multi-chain asset management to users.
At the same time, Heima represents our embrace of the cross-chain ecosystem, and our commitment to providing users with a convenient, one-stop management experience in a multi-chain world. No matter which blockchain ecosystem users are in, Heima will be the home for their digital identity and assets, providing stable and secure protection, like home.
As part of the rebranding, we will introduce the Otter as the mascot for Heima Network, symbolizing the “nest” we build for users in the blockchain ecosystem. The otter, known for working quietly underwater and floating effortlessly above, perfectly reflects our vision of providing users with a simple, intuitive asset management experience. Despite the complex work and technology behind it, users will only need to focus on the surface-level asset operations and management, enjoying the convenience and security of the cross-chain world like an otter.
Heima Network: Driving the Next Phase of Crypto Development with Chain Abstraction
The Importance of Chain Abstraction:
Building chain abstraction is not a fleeting idea; it will play a crucial role in the future development of crypto and will contribute to the early mass adoption of crypto.
- Simplified User Experience: Chain abstraction allows the complexity of multiple blockchains to be hidden behind the scenes, providing users with a unified, intuitive interface. This reduces the burden of managing multiple wallets and accounts and enhances operational convenience.
- Promoting Cross-Chain Interoperability and Lowering Technical Barriers: With chain abstraction, different blockchains can seamlessly communicate, enabling users to freely transfer assets and execute transactions across ecosystems without worrying about the technical complexities of cross-chain interactions. This makes blockchain services more accessible to non-technical users, reducing the barriers to entry and promoting the widespread adoption of blockchain technology.
- Supporting Multi-Chain Ecosystem Development: As blockchain ecosystems diversify, chain abstraction supports the coexistence of different public chains and cross-chain protocols, helping the healthy development of the multi-chain ecosystem and providing users with richer and more flexible cross-chain services.
Heima Network’s Advantages in Chain Abstraction
Technical Expertise and Innovation:
Heima Network’s team has deep technical expertise and innovative capabilities in cross-chain technology and decentralized identity solutions. We have a profound understanding of the complexity of chain abstraction and can efficiently address the challenges of integrating multi-chain ecosystems. Thanks to our past innovations, we have a unique competitive advantage in the field of chain abstraction, enabling us to advance this emerging area and provide users with a seamless cross-chain experience.
Robust Infrastructure:
Heima Network inherits the strong infrastructure of Litentry, fully adapting to the needs of chain abstraction.
- Identity Solutions: Litentry’s identity protocol provides a solid foundation for chain abstraction, supporting unified identity authentication and permission management across different blockchains, thus facilitating smooth cross-chain interactions.
- Privacy and Security: Our technical architecture includes TEE sidechains, ensuring the security of DeFi applications. These sidechains not only safeguard transactions and asset bridging but also protect users’ sensitive data and transaction information.
- Decentralized Consensus: Litentry’s DPoS mainnet has been running stably for years, providing reliable settlement and finality support for chain abstraction services, ensuring efficient and secure cross-chain operations.
- Developer Tools: We provide APIs and SDKs to make building cross-chain applications easier, offering comprehensive support for developers and facilitating the rapid deployment of decentralized exchanges and other projects.
Enhancing Token Utility
LIT tokens will play a key role in Heima Network’s chain abstraction architecture, providing multidimensional support:
- Unified Currency: LIT tokens can serve as a universal currency for paying various blockchain services, simplifying the cross-chain transaction process.
- Incentive Mechanism: Heima Network uses LIT tokens to reward users and developers, encouraging participation in the ecosystem and driving community growth and technological innovation.
- Governance Mechanism: LIT token holders can participate in decision-making through decentralized governance, ensuring that the platform’s development aligns with community and market needs.
Future Plans: Heima Network Roadmap and Development Plans
With the brand rebranding, we will focus closely on chain abstraction to advance our product and ecosystem development. Below are Heima Network’s major development plans:
1. Foundational Infrastructure for Omni-Chain Trading
Heima is dedicated to building a powerful trading infrastructure to provide foundational support for omni-chain exchanges. This will include a high-performance trading matching engine, secure asset custody services, and convenient liquidity solutions. In the future, Heima will continue to optimize its trading infrastructure, empowering more trading platforms and wallet applications, and offering users a secure, efficient, and convenient trading experience.
a. Foundational Infrastructure for Omni-Chain Trading:
Heima provides robust cross-chain trading capabilities, enabling users to seamlessly exchange assets across different blockchains without the need for complex bridging or conversion operations. Through chain abstraction technology, Heima has built a unified trading infrastructure that supports direct asset trading across different chains while addressing liquidity fragmentation issues.
b. Serving Omni-Chain DEX:
In the future, Heima will further expand its infrastructure capabilities to support the construction of omni-chain exchanges (Omnichain DEX), promoting asset circulation and collaboration across chains. Developers can quickly integrate Heima’s SDK or API to implement multi-chain trading functionality, thus offering users a richer trading experience.
c. Omni Account Unified Management:
Heima provides foundational trading support for decentralized exchanges (DEX), liquidity aggregators, and wallet developers, making it easier to integrate multi-chain trading features. By combining trading and account management, Heima supports the display, management, and trading of multi-chain assets, while using privacy protection technologies (such as SMPC and TSS) to safeguard users’ assets.
2. Cross-Chain Feeless Payments:
Heima will further optimize the cross-chain payment experience, allowing users to complete transactions without worrying about different chain gas fees. Users will only need USDT or other tokens to complete all transactions. The platform will continue to expand the supported chains and tokens, ensuring that users can freely trade across different blockchains without technical restrictions.
3. Ecosystem Expansion and Partnerships:
To further enhance the platform’s usability, Heima will actively collaborate with blockchain projects, decentralized exchanges (DEX), and developer communities to promote the unification of technical standards and cross-chain protocol interoperability. In doing so, Heima will offer more users efficient services such as cross-chain asset management and feeless payments, positioning itself as one of the Web3 ecosystem’s foundational infrastructures.
4. Innovation and Privacy Protection:
As the core platform for cross-chain asset management, Heima will focus on enhancing privacy protection features to ensure users’ data is secure during transactions and identity verification. At the same time, Heima will continue to innovate, introducing more features to improve the user experience, such as custom asset portfolios and smart contract automation, further strengthening the platform’s competitiveness and user retention.
Conclusion:
Heima Network’s rebranding is not just about a name change; it is our commitment to the future. We will continue to drive blockchain cross-chain interoperability, identity management, and asset liquidity through technological innovation, providing users with more convenient, secure, and flexible services. Thank you for your continued support and companionship. Let’s embrace a more open and efficient blockchain era together!
