Cross-Blockchain Communication Using Oracles With an Off-Chain Aggregation Mechanism Based on zk-SNARKs

arXiv:2405.08395v1 Announce Type: new
Abstract: The closed architecture of prevailing blockchain systems renders the usage of this technology mostly infeasible for a wide range of real-world problems. Most blockchains trap users and applications in their isolated space without the possibility of cooperating or switching to other blockchains. Therefore, blockchains need additional mechanisms for seamless communication and arbitrary data exchange between each other and external systems. Unfortunately, current approaches for cross-blockchain communication are resource-intensive or require additional blockchains or tailored solutions …

aggregation applications architecture arxiv blockchain blockchains communication cs.cr cs.dc mechanism problems real space systems technology world