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NFTs, tell a similar tale, having made a massive impact in the art world, with some of the biggest modern artists out there minting their own NFTs. They’ve also impacted other segments of the entertainment industry with things like play-to-earn games hitting the market.
Alt L1s are currently trying to revolutionize blockchain as we know it as well, by providing unparalleled scalability. However, each of these massive advances presented a plateau. Our technology needed a breakthrough in order to achieve the next level. Today, we’ll be talking about one of the most important concepts, and biggest struggles, of the blockchain world- Interoperability. We’ll also be going over some of the brave pioneers looking to solve this problem.
What Is Interoperability And Why Does It Matter?
Interoperability in computer engineering is the ability of software to communicate with other software in order to effectively transfer and process information. The reason this is important is that it’s often necessary for multiple systems to talk and understand each other.
In the blockchain world, interoperability is a bit more ill-defined, however, it refers to all of the ways and techniques at our disposal that allows blockchains to transfer information, assets, and data between each other. Bridges like Binance Bridge are a great example of this. Today, a lot of projects, including some promising entries to the area like t3rn are attempting to solve this issue.
 
 
