Saw a tweet about interoperability protocols and it got me curious. From what I understand, an interoperability protocol is like a bridge that connects different blockchain networks, allowing them to communicate and share data with each other seamlessly. Think of it like a universal translator for blockchains!
In the DeFi space, this means that different projects can work together more efficiently, sharing resources and information. It's like having a central hub that connects all the different servers, making it easier for them to talk to each other.
I'd love to learn more about interoperability protocols and explore some examples. Can anyone share their insights or mention some specific protocols that are making waves in the DeFi space?
I believe YouTube videos and Google should help. But you're right about interoperability. Layerzero is a good example of an interoperable Blockchain project. It runs on oracle and relayer infrastructure that enables cross chain communication and validation. Last I checked their token ZRO was around $4.75 on Bitget's pre market in anticipation of TGE