Where does the value accrue in cross-blockchain communication?
As crypto evolves, one thing is clear: many more blockchains are going to launch. How these blockchains communicate with each other, and who gets to capture the value of that communication, is a fascinating question. First, why will there be so many blockchains? The simple answer is that there’s an incentive. Crypto projects tend to have high valuations and are liquid, so people will want to get in on that opportunity. There are dozens of blockchains already, thousands of crypto tokens, and m...