In 2017, we've seen bitcoin's share of the cryptocurrency market drop from 87 percent to under 50 percent. Hundreds of new coins and tokens launched and are now being traded.
To make the broad use of digital assets truly mainstream, however, I think we’ll need the many blockchain networks that currently exist to interoperate. The truth is there will not be one single dominant blockchain network in the future — just as there isn’t any dominant internet or email provider globally today.
Currently, we can all email family, friends and colleagues from Gmail to Yahoo to Outlook seamlessly and instantly. Value should move across all ledgers in exactly the same way -— irrespective of the blockchain network, PayPal wallet or traditional bank account involved.
Indeed, we've already seen efforts in 2017 to address blockchain interoperability.
Raiden, the ethereum interoperability solution for ERC-20 tokens, launched its token in September, while the Interledger Protocol (ILP) was used to connect seven ledgers including bitcoin, ethereum and XRP in June. My money is (unsurprisingly) on Interledger.
If all networks were to become ILP-enabled, it ultimately wouldn't matter if you held bitcoin, ether, litecoin or XRP. ILP would allow you to make payments to a merchant that only accepts bitcoin, for example, using XRP — all in just a matter of seconds.
source : https://www.coindesk.com
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