Cross-chain Communication Protocols: Exploring cross-chain communication protocols (e.g., atomic swaps) for enabling interoperability and asset transfer between different blockchains
Published 24-06-2024
Keywords
- Cross-chain communication,
- Interoperability,
- Blockchain
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
How to Cite
Abstract
Cross-chain communication protocols play a crucial role in enabling interoperability and asset transfer between different blockchains. These protocols, such as atomic swaps, facilitate trustless transactions and enhance the overall usability and utility of blockchain networks. This paper provides a comprehensive overview of cross-chain communication protocols, discussing their mechanisms, benefits, and challenges. We analyze various protocols, highlighting their strengths and limitations, and explore emerging trends in cross-chain communication. Additionally, we discuss potential applications and future directions for research in this rapidly evolving field.
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