The Golden Gate Bridge Multi-Chains

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Avatar for martinezdamp
3 years ago
Topics: Politics, Tech, Adoption, ETH, Bitcoincash, ...

We must begin to become more familiar with some concepts that apply to blockcain technology. Among so many, I believe that the most appropriate would be the case of crossed chains and their implementation to unite different networks and achieve that step towards interoperability.

This distributed technology and unique registry that has begun to take flight due to its relationship with cryptocurrencies has limitations in its scalability and innovation. These barriers are well transferred by the implementation of these integration chains that seek, in essence, to function as one.

For now, among so many solutions that currently exist, Polkadot (DOT) comes to the fore, an integrating platform that literally happens to be considered a macro-project, for all that it has glimpsed on the near horizon. However, the essence of this writing will focus on what is considered a gear for the conceptual development of this type of ideas and that is that the Darwinia network is presented as a decentralized consensus, framed in the interaction of a network that provides an interconnection between different blockchains and works on that interoperability that has been the weak point in many ecosystems.

From the Darwinia site itself, this environment is basically defined as a "secure general bridging solution, connecting Polkadot, Ethereum, TRON and other heterogeneous chains through interchain asset transfer and general remote chain calling."

Certainly the approach goes beyond achieving simple transactions between the same class of assets, there is a broad vision with all the financial services that cryptocurrencies allow us to execute. The ideas will now be more complex because traditional finance is only one step to enter new frontiers that involve new forms of interaction. These bridges are the ideal accessories for that combination and synergy that is now wanted in cryptocurrencies.

These bridges are links that help DeFi's nodes, governance tokens, NFT applications and any technological innovation to achieve effective communication. With Darwinia we see a new approach to products, a new evolution that we are letting go of if we do not enter this world of new concepts and technological integrations.

Its economic concept revolves around two ERC20 / TRC20 tokens; RING, whose work is more like the gas that will move any initiative and interaction that takes place within this environment; KTON, a unit of reward that assumes a parity as proof of participation in the network. The nature of these two stems from the committed energy of Darwinia.

The removal of barriers to an expansion in interconnection is now vital for ecosystems that will seek to normalize that balance that has currently been lost in what we hardly know as centralized finance. The union of these blockchains is the first real step for serious massification at the population level, as indicated, the multidirectional Golden Gate Bridge.

This article has been supported with information from some articles and whose links are left at the end of this paragraph. Likewise, the images used in these spaces have been taken to give a better visualization of the writing.

This article contains its own information and there is no room for plagiarism. Likewise, the links that served as a reference for the elaboration of this content and an additional link of this content are left on my Publish0x blog.

https://www.publish0x.com/cryptographic-alchemy/the-golden-gate-bridge-multi-chains-xxwleow

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Avatar for martinezdamp
3 years ago
Topics: Politics, Tech, Adoption, ETH, Bitcoincash, ...

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