A Brief History of Blockchain Interoperability.

Blockchain interoperability has emerged as a critical focus for the development of next-generation decentralized applications. Significant progress has been made in the past five years, particularly in addressing challenges like the security of cross-chain token transfers. Despite advancements, vuln...

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Detalles Bibliográficos
Publicado en:Communications of the ACM Vol. 67; no. 10; pp. 62 - 70
Autores principales: Belchior, Rafael, Süßenguth, Jan, Feng, Qi, Hardjono, Thomas, Vasconcelos, André, Correia, Miguel
Formato: Artículo
Publicado: Association for Computing Machinery Oct2024
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:Blockchain interoperability has emerged as a critical focus for the development of next-generation decentralized applications. Significant progress has been made in the past five years, particularly in addressing challenges like the security of cross-chain token transfers. Despite advancements, vulnerabilities in cross-chain bridges remain a significant concern, with over $3.2 billion in losses due to attacks. Continued research is needed to improve privacy, user experience, and security in cross-chain infrastructure, alongside collaborative efforts from industry and academia to fully unlock blockchain's potential in decentralizing society.