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Blockchain interoperability could soon become invisible
The post Blockchain interoperability could soon become invisible appeared on BitcoinEthereumNews.com. Blockchain interoperability was once seen as a distant technical challenge and aspiration for the decentralized world. However, this challenge may become virtually invisible to users within the next two years. On the latest episode of the Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson speak with Jon Kol, co-founder of interoperability project Hyperlane, about the rapid evolution of blockchain infrastructure and how emerging solutions are solving long-standing communication issues between blockchains like Bitcoin, Ethereum and Solana. Interoperability for all According to Kol, seamless interoperability similar to Web2 platforms, where users remain unaware of underlying hosting environments, will soon become the standard in Web3. Kol noted: “We are less than 18 months away from a world in which any application developer can present an experience… [where] users won’t even think about chains.” Still, interoperability isn’t just about convenience; it’s also about security. Jenkinson referenced infamous cross-chain bridge hacks like the $625 million Ronin hack in 2022 and the earlier $325 million Wormhole exploit, emphasizing that security remains paramount. According to Kol, the sector’s troubled past has led to significant improvements. “It has gotten much, much better…” he said, “Hyperlane introduced the concept of modularized security, letting issuers or chain teams control from 0% to 100% of the security of messages between chains.” Crosschain collaboration The recent integration of Hyperlane with Starknet signals a notable shift in the blockchain interoperability landscape. It unlocks new potential for Starknet, expanding its capabilities beyond Ethereum-based transactions and enhancing its appeal to developers and users from other blockchain communities, such as Solana. Related: Backwards-compatible quantum fix found, but not for Bitcoin and Ethereum However, this move isn’t just technical; it’s strategic. It enables Starknet to tap into broader liquidity pools and more diverse user bases. This increased connectivity may trigger significant shifts within the broader…
The post Blockchain interoperability could soon become invisible appeared on BitcoinEthereumNews.com.
Blockchain interoperability was once seen as a distant technical challenge and aspiration for the decentralized world. However, this challenge may become virtually invisible to users within the next two years. On the latest episode of the Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson speak with Jon Kol, co-founder of interoperability project Hyperlane, about the rapid evolution of blockchain infrastructure and how emerging solutions are solving long-standing communication issues between blockchains like Bitcoin, Ethereum and Solana. Interoperability for all According to Kol, seamless interoperability similar to Web2 platforms, where users remain unaware of underlying hosting environments, will soon become the standard in Web3. Kol noted: “We are less than 18 months away from a world in which any application developer can present an experience… [where] users won’t even think about chains.” Still, interoperability isn’t just about convenience; it’s also about security. Jenkinson referenced infamous cross-chain bridge hacks like the $625 million Ronin hack in 2022 and the earlier $325 million Wormhole exploit, emphasizing that security remains paramount. According to Kol, the sector’s troubled past has led to significant improvements. “It has gotten much, much better…” he said, “Hyperlane introduced the concept of modularized security, letting issuers or chain teams control from 0% to 100% of the security of messages between chains.” Crosschain collaboration The recent integration of Hyperlane with Starknet signals a notable shift in the blockchain interoperability landscape. It unlocks new potential for Starknet, expanding its capabilities beyond Ethereum-based transactions and enhancing its appeal to developers and users from other blockchain communities, such as Solana. Related: Backwards-compatible quantum fix found, but not for Bitcoin and Ethereum However, this move isn’t just technical; it’s strategic. It enables Starknet to tap into broader liquidity pools and more diverse user bases. This increased connectivity may trigger significant shifts within the broader…
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