Blockchain and Interoperability

On This Page What is Blockchain? What is Interoperability? Blockchain Interoperability: Connecting Isolated Protocols The Blockchain Interoperability Problem Explained Blockchain Interoperability Within A Specific Protocol What is Blockchain? Cosmos has a central vision of creating an “internet of blockchains”, and it seems this might not be a dream for long. The ceo of tendermint – the central developer behind cosmos – recently gave an exciting glance into the future, suggesting we’ll be seeing around 200 different chains connected through cosmos by 2022. That’s something to get excited about. A variety of blockchain networks host cryptocurrencies and decentralised finance (defi) applications. However these networks are discrete entities, and communication between them is not a simple process. The following articles provide a background to the issue of interoperability and the ways in which the problem is being dealt with. Have a read before testing yourself with our quiz below. Decentralized ledger technology (dlt), in particular blockchain, is becoming ubiquitous in today's society. Just in the second quarter of 2021, centralized and decentralized exchanges had a volume of around $600 billion. Enterprises are adopting this technology, following the opportunity to