C

CrossChain Protocol

Interoperability - Realising True Blockchain Potential.


The problem CrossChain Protocol solves

The number of blockchain projects is on the rise in part because developers are thinking outside the box as they try to leverage the technology’s capabilities. The increase also comes on acknowledgment that no perfect solution will be able to address all blockchain needs at once.

A perfect example is the IOTA blockchain that seeks to enhance payments on the Internet of Things. VeChain, on the other hand, shares similar capabilities but with the aim of strengthening supply chain management on the blockchain. Stellar blockchain, on the other hand, seeks to make it easy for people to come up with a global payment network for solving low latency issues in remote areas.

Amidst the proliferation of blockchain projects, one thing stands out. All blockchains as well as ledgers and DAGs perform a different set of transactions and handle different amounts of data processing.

The rapid development of blockchain is set to give rise to many different kinds of chains. One such technology that is becoming increasingly evident is Cross Chain Technology.We know how important cross chain composability has become today. Interoperability across protocols is a key element for blockchain technology to succeed. I hereby propose to develop cross-chain protocol with the aim to provide users with a robust, interconnected and scalable solution for DeFi enthusiasts and dApp builders alike.

Challenges I ran into

There were several blockers I faced, struggling to understand a lot of the concepts and architecture of the existing protocols as well as following docs religiously and implementing them.

Technologies used

Discussion