RE: Interoperability. The buzzword of the Autumn!

avatar

You are viewing a single comment's thread:

What does interoperability from Atom mean though really dude?

When I want to move money from ETH to Atom or vice versa, where is the bridge to do that? Bridging assets is nice and all but it's a far cry from the boastful claims of being "interoperable". There still is gas, still is a chance of liquidity not being there, of the transaction reverting, of being arbbed, etc.

WHen people see interoperable, do they just really mean that a bridge exists (or will exist)?

Posted Using LeoFinance Beta



0
0
0.000
2 comments
avatar

Here I was considering interoperability within the Cosmos/ATOM ecosystem (or Polkadot ecosystem or Avalanche ecosystem). So between Terra and Crypto.org and Thorchain and Binance Chain for example.

The problems that you list shouldn't exist within an interoperable ecosystem. It should be seamless and trustless.

In addition interoperable blockchains can do more than just transferring tokens. Transfer of data should allow things like cross-chain DEXes / cross-chain staking / cross-chain collateral for lending.

Posted Using LeoFinance Beta

0
0
0.000
avatar
(Edited)

Wanchain is the project that will offer the most basic direct trustless bridges. Interoprobiluty is something everyone agrees is a big part of the future of crypto, and governments are going to come along soon an make it a necessary part of crypto so we can function the way it was supposed to without any third party control. It has be trustees it has to be decentralised it has to be Wanchain. Its the only project offering a true solution yet nobody knows it but they will find out. They all talk about cosmos and Dot as per this blog post etc because its something that is hypothetical, because we wont usr it until we have to usr it, Government, will soon take care of that. People are ignorant never forget it, Wanchain solved Eths fee problem ages ago yet people just carry on being dumb monkeys. Dont be a dumb monkey. It still amazes me that everyday people are not using Monero and Bitcoin and blogging on Hive but for sure they will do one day. It also amazes me that Wanchain is so cheap and unknown un hyped un loved. It will all change

0
0
0.000