A Brief History of Blockchain Interoperability.
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| Title: | A Brief History of Blockchain Interoperability. |
|---|---|
| Authors: | Belchior, Rafael1,2,3 (AUTHOR) rafael.belchior@tecnico.ulisboa.pt, Süßenguth, Jan4 (AUTHOR) jan@sssngth.com, Feng, Qi5 (AUTHOR) qfengsubmarine94@gmail.com, Hardjono, Thomas6 (AUTHOR) hardjono@mit.edu, Vasconcelos, André3 (AUTHOR) andre.vasconcelos@tecnico.ulisboa.pt, Correia, Miguel3 (AUTHOR) miguel.p.correia@tecnico.ulisboa.pt |
| Source: | Communications of the ACM. Oct2024, Vol. 67 Issue 10, p62-69. 8p. |
| Subjects: | Blockchains, Internetworking, Non-fungible tokens, Fungibles, Cryptocurrencies, Security management |
| Abstract: | Blockchain interoperability has emerged as a critical focus for the development of next-generation decentralized applications. Significant progress has been made in the past five years, particularly in addressing challenges like the security of cross-chain token transfers. Despite advancements, vulnerabilities in cross-chain bridges remain a significant concern, with over $3.2 billion in losses due to attacks. Continued research is needed to improve privacy, user experience, and security in cross-chain infrastructure, alongside collaborative efforts from industry and academia to fully unlock blockchain's potential in decentralizing society. |
| Database: | Engineering Source |
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