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RE: Interoperability: The Key To Crypto's Future

in LeoFinance4 years ago

This is why I’m extremely bullish about Thorchain, an exchange that facilitates cross chain swaps in the most decentralized way, all one needs to do is to connect their decentralized wallet and perform the swap operations, while the system is not perfect, it is the best we’ve seen so far, coupled with the dev plan’s. Eventually, thorchain positions itself to be the underlying infrastructure that will make swaps as seamless as possible in the most decentralized way, I perceive that when it is more developed, anyone will be able to send their preferred token while the recipient will receive the value in their own native token, with neither of the parties knowing which blockchain or tech handled the transfer in the background.

One thing I love about being early in all these is that I get to know each building block from the scratch, unlike those who will never know what Thorchain is or does, I get to know, I get to know the part Cosmos is playing, I get to know where Hive fits in, I get to be more excited and actuallly know more stuff that will be important going forward.

And I agree that interoperability is the future from this point, it’s also why I think DOT is a big deal. Judging by all this, chains that allow for interoperability will play a very important role in adoption of this Blockchain technology

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That is very true. It is a project that is looking to fill a major need. There will be others to follow and some that might eclipse what Thorchain is doing. We simply do not know what innovation is going to come. What we do know is that it is needed.

A lot of code still to be written before this is even close to mass adoption.

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