Interoperability

In our internet world, all is a question of transferring, sharing, and consuming data. It’s the same for our blockchain ecosystem, whether for sending a transaction or showing a price of assets in real time, which is enabled by different types and ways to achieve this data. In the event that different blockchains exist with their own logics and can’t communicate with each other. Create a communication system that enables the exchange and sharing of data, creating a bigger network effect of innovations....

November 27, 2023 · 2 min · 359 words · cleminso

Bridge

Many blockchains operate independently and have no way of communicating with other blockchains. At a high level, communication between blockchains is important to avoid isolating ecosystems and creating excessive bottlenecks or suffocation. Moreover, that opens the door for more research and leads to cross-innovations between systems. The purpose of the existence of a bridge is to solve the problem of interoperability between blockchains. See bridge as the ‘how’ the problem statement of interoperability - ‘why’ - can be executed....

November 27, 2023 · 1 min · 165 words · cleminso