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Trustless Bridges May Be Key to Blockchain Interoperability By Cointelegraph

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Trustless Bridges May Be Key to Blockchain Interoperability By Cointelegraph
Trustless bridges may be the key to blockchain interoperability

Cryptocurrency and blockchain enthusiasts pride themselves on belonging to a community that is working on the future of financial systems. However, the community is inherently fragmented thanks to multiple blockchains that work independently of each other. The dream of mass adoption of blockchain and decentralized finance faces a major hurdle: lack of interoperability.

Meanwhile, decentralized applications (DApps), the fruits of decentralization, are lagging. DApp developers face difficulties in transacting between different blockchain networks, and the reason behind this is that they are stuck in the ecosystem. Despite having the best infrastructure, Ethereum is losing its foothold.

Stephen Tse is the founder and CEO of Harmony.one. He was previously a researcher at Microsoft (NASDAQ 🙂 Research, Senior Infrastructure Engineer at Google (NASDAQ :), and Principal Engineer for Search Ranking at Apple (NASDAQ :).