Hashgraph Unveils CLPR: A Bridgeless Standard for Cross-Ledger Communication

Hashgraph unveils CLPR, a bridgeless cross-ledger protocol enabling direct token and data transfers between networks using cryptographic proofs and threshold signatures. Aims to eliminate bridges, reduce hacks, and preserve native finality across chains. Phase one covers Hedera and HashSphere with closed beta and an Early Adopter Program; plans to extend to Ethereum, Hyperledger Besu, Avalanche subnets, and more. Highlights include enhanced privacy, security, and compliance without liquidity pooling or custodial risk.