Curious about what interoperability means for blockchains? Let’s simplify it.

 Interoperability is the ability of different blockchains or rollups to connect, share data, and transfer assets smoothly with each other. It goes beyond just moving tokens it’s about seamless collab🧵

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Blockchains function in isolated environments. 

They can track activity within their own network but lack awareness of external events like whether it’s raining in Hong Kong or if a transaction happened on another chain.

This isolation creates obstacles for communication.

Interoperability tackles this issue head-on. 

While it can’t provide weather updates, it allows blockchains to communicate securely and efficiently with one another. 

Think of it as a connector that links separate networks, enabling them to collaborate effortlessly.

Picture blockchains as isolated islands, each with its own community and resources. 

These islands can’t easily access information or goods from others they’re cut off. 

This isolation restricts their ability to grow and interact with the wider world.

Now imagine tools like ships, airplanes, and the internet being introduced to connect these islands. 

They can now trade, share news, and collaborate. 

That’s what interoperability does for blockchains it enables networks to work together, creating a connected ecosystem.

Interoperability isn’t without challenges, particularly costs.

There are expenses for verifying data across chains and transferring data. 

Moving data between blockchains can be 357M times more expensive than in web2 systems, creating a significant hurdle.

Let’s look at @polkadot-network $DOT as an example. 

Polkadot is a protocol designed to enable interoperability by connecting multiple blockchains (called parachains) through a central relay chain. 

With Polkadot, a DAPP on one parachain can interact with another parachain seamlessly,

such as sharing data or executing cross-chain transactions without needing complex bridges.

As interoperability technology advances, ecosystems like Polkadot can make blockchain interactions as smooth as using a single app.

These costs lead to problems like delays and limited bandwidth, which can slow down operations.

This makes it challenging to create complex systems where multiple blockchains work together like an app that relies on several networks for different tasks.