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BlockChain I/O: Enabling Cross-Chain Commerce. (arXiv:2308.02163v1 [cs.CR])
cs.CR updates on arXiv.org arxiv.org
By enabling users to safely transfer digital tokens without trusted
intermediaries, blockchains have fueled the rise of Decentralized Finance
(DeFi). However, the current DeFi ecosystem consists of multiple independent
blockchains, and cross-chain token trading is a challenge because the desirable
properties of individual blockchains do not always generalize to a multi-chain
setting. Recently, advances have been made in the generalization of these
properties, but there is still a lack of an overarching framework that provides
the full set of properties …
blockchain blockchains challenge commerce cross-chain current decentralized defi digital ecosystem finance token tokens trading transfer