Over the past decade, the proliferation of blockchain technology has created hundreds of networks that cannot communicate with each other. Given that data isolation and developer options are currently severely limited, this sector has been described as a “historic crossroads” – and if this industry does not evolve and expand, there is a fear that blockchain will struggle to achieve this. same access and connection as the internet has.
In recent years, interoperability has been one of the most important phrases in the blockchain encyclopedia. While the cross-chain mentality is reassuring, it can be said that many of the proposed solutions are simply self-adhesive, and which only ensure connection between a certain number of networks.
The average consumer can react to disbelief if they can only send an email from the Yahoo mailbox to another person with the same domain name. The idea that someone browsing the web in Google Chrome will not be able to access a website in the Safari browser is also unthinkable. However, this is the situation the blockchain sector is in – so much so that complex operations must be built for assets to pass through the blockchain. (An example here would be a bitcoin file, which requires the use of a central broker.)
Given that decentralization should be one of the most important benefits of blockchain, there is a risk that some decisions and concepts may move this area of innovation away from what it should be – and reduce its usefulness in the process. But what if all blockchain contracts and smart contracts could interact with each other? What if these platforms gained decentralized access to Oracle information offline? To solve these problems once and for all, the industry may have to take one side out of a technological miracle that many of us take for granted: the Internet.
Back in the early 1990s, when Internet connection was still considered a specialized activity, the neutral TCP / IP protocol standardized all computers and operating systems, opening up the connection method that billions of people around the world now trust. Faced with today’s fragmented landscape, it is now calling for a “blocking Internet” … that allows data to flow freely and without restrictions.
This can create a world where any smart contract platform and any blockchain, even if it does not boast such functionality, can start interacting. Developers will be able to freely combine and match the components they like best on countless platforms and build what they want without wasting time and large sums of time solving technical problems. Some speculate that it may be a silver lining that poses a serious threat to centralized app stores, limiting the freedom of all users, while limiting the wings of developers who have to follow an endless list of strict rules, and lose most of their revenue.
What is the solution?
One of the currently actively promoted solutions is XRouter technology, which seeks to introduce the elusive “blockchains” that many have dreamed of on the Internet. In addition to being neutral to the countless networks that exist today, it operates on a free market basis. In the long run, the goal is to ensure that payment can be made in any cryptocurrency, paving the way for a “social, economic and technological revolution.” The technology was created and maintained by The Blocknet.
Blocknet now uses XRouter to provide Avalanche with a decentralized indexing system that allows DApps to use Avalanche contracts and transactions with other blockchains in an insecure way.
The landslide, which illustrated only one use case that illustrated the benefits of this approach, explained: “With the emergence of many DeFi platforms, the success of a contract or DApp on any platform creates demand for DApp for any manageable platform. It is useful for developers to select and coordinate contracts between chains. ”
Indexing services are touted as useful, so that decentralized apps can deliver what users want, and the use of XRouter technology ensures that they stay completely decentralized in the process.
“Blocknet is the only project that interacts with virtually all existing chains and is decentralized across chain levels,” said Blocknet co-founder Arlene Calwick. “It does not differentiate one episode from another, making it open and neutral, like the Internet.”