There have been a lot of new blockchains coming out in this space recently, and the main ones that are getting a lot of attention are Binance Smart Chain (BSC) and Solana. Don’t get me wrong BSC and Solana are great blockchains, but I think some really great highly interoperable networks are really being overlooked right now.
Interoperability is one of the core areas that projects and users are looking for right now in this industry. On top of that, interoperability is just generally really important for the space because it allows users, liquidity, & projects to seamlessly and easily transfer between various networks.
If users can easily move around between networks it will drastically increase the competitive nature of the whole industry, and significantly reduce the current state of tribalism. Interoperability will make moving liquidity from DApps on one network to another much easier as well, and this will be a catalyst for great new projects regardless of which network they are based on.
Tendermint networks like
Cosmos,
Terra and
Persistence are all unique, but at the same time they have one huge similarity, and that is their Tendermint infrastructure. The underlying Tendermint infrastructure on all three of these networks allows them all to have insane interoperability. Any network made using Tendermint can do its own unique thing, but still have the advantage of seamless interoperability with all other Tendermint based networks.
