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Author Topic: Will blockchains start to interoperate in 2018?  (Read 54 times)
PRDAEcontact
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December 26, 2017, 08:20:35 PM
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There may not be one single dominant blockchain network in the future, thus, will blockchain start to interoperate in 2018 Huh
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December 26, 2017, 10:20:51 PM
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There may not be one single dominant blockchain network in the future, thus, will blockchain start to interoperate in 2018 Huh

What do you mean by interoperate? SegWit activation has paved the way for cross-chain atomic swaps, in which some amount of BTC is exchanged for another coin P2P, with no transactions recorded on-chain.

This has been demonstrated with several SegWit coins, such as LTC and VTC.

https://bitcoinmagazine.com/articles/lightning-network-now-supports-transactions-across-blockchains/
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December 26, 2017, 10:46:21 PM
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There may not be one single dominant blockchain network in the future, thus, will blockchain start to interoperate in 2018 Huh

What do you mean by interoperate? SegWit activation has paved the way for cross-chain atomic swaps, in which some amount of BTC is exchanged for another coin P2P, with no transactions recorded on-chain.

This has been demonstrated with several SegWit coins, such as LTC and VTC.

https://bitcoinmagazine.com/articles/lightning-network-now-supports-transactions-across-blockchains/

^This

You may want to clarify exactly what you mean by interoperate

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hopeAo
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December 27, 2017, 01:56:50 PM
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There may not be one single dominant blockchain network in the future, thus, will blockchain start to interoperate in 2018 Huh

It is likely blockchain starts to inter-operate next year because 2018 will be the year when major financial institutions will adopt digital assets, and marks the birth of hybrid blockchains.

To make the broad use of digital assets truly mainstream, however, I think we’ll need the many blockchain networks that currently exist to inter-operate. The truth is there will not be one single dominant blockchain network in the future as there isn’t any dominant internet or email provider globally today. Looking at the use of email address which is being inter-operated that is we can all email family, friends and colleagues from Gmail to Yahoo to Outlook seamlessly and instantly. Likewise, value should move across all ledgers in exactly the same way irrespective of the blockchain network, PayPal wallet or traditional bank account involved.

https://www.coindesk.com/death-ico-4-2018-predictions/

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