The post Cross-Chain Interoperability Is Already Here – Just Ask Orbs appeared on BitcoinEthereumNews.com.

Cross-chain interoperability isn’t the most exciting web3 concept, but it’s undoubtedly one of the most valuable. If it’s a domain you work or trade in, you wouldn’t brag about it on your dating profile, but you’d certainly be name-dropping it at your next crypto conference. Because wherever you operate in web3, you should care about interoperability. It’s the difference between liquidity and no liquidity. Between ecosystem and ghost chain. It’s no exaggeration to say that the very future of web3 is dependent upon cross-chain interoperability challenges being not just solved but widely implemented. Otherwise, blockchains are destined to continue spinning away from each other like asteroids lost in space. Thankfully, we don’t need to pray for an interoperability breakthrough to solve all our cross-chain woes because it’s already here. It’s just, as the saying goes, not evenly distributed. In other words, the tech is already in place to allow assets, data, messages and anything else that can be transmitted onchain to be sent between every chain, rapidly, efficiently, and regardless of programming language or VM. All that’s preventing this infra from becoming routinely deployed is the inevitable latency between a tech being perfected and being universally integrated. As a closer analysis of just one of the manifold protocols chipping away at interoperability – Orbs – shows, the omnichain singularity is fast approaching. And it promises to be streets ahead of the patchwork efforts that have carried the industry this far. Making Blockchains Great Again While the full history of blockchain interoperability is a tale for another time, or perhaps never, it can be summarized as follows: while progress has been made in connecting the multi-chain landscape in recent years, it’s been piecemeal. For example, Cosmos’ IBC (Inter-Blockchain Communication) and Polkadot’s parachains are great for allowing networks within these respective ecosystems…

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Filed under: News - @ February 5, 2025 1:22 pm