Interoperability is one of the hottest phrases in the blockchain lexicon, but there are fears that many of the solutions out there merely serve as a sticking plaster.Over the past decade, the proliferation of blockchain technology has resulted in hundreds of networks that are unable to talk to each other.
Interoperability has been one of the hottest phrases in the blockchain lexicon in recent years. Although this cross-chain mentality is encouraging, it could be argued that many of the solutions being touted are a mere sticking plaster, only providing connectivity between a select number of networks.
“The Blocknet is the only project that enables interoperability with effectively every chain in existence and is decentralized at the interchain level,” The Blocknet co-founder Arlyn Culwick said. “It does not privilege any one chain over another, making it as open and agnostic as the internet.”