The right breakthrough blockechain lies in its limitations

Imagine a world in which each country had its own Internet-one for France, one for Japan, one for the United States – and none of them could talk to each other. Your e-mail messages would not be sent over boundaries, social media would be limited to your nation and global trade. Just a billion’s innovative dream stuck in wall gardens. It’s right today where Blockckain is.

The illusion of progress leading the dilemma of innovation

Every technology revolution begins with obsession: How do we push the limits of what is possible? In Blockschain, it often meant faster transactions, cheaper fees and greater scalability. But history tells us something different. Innovation rarely follows a linear road. Instead, technologies that reshape industries do not only implement; They redefine only restrictions that limit them.

Take the Internet. His early days defined wall gardens-AOL, CompuServe and Microsoft network. Each attempted to build its own ecosystem, grabing the value by limiting interoperability. But as open web appears, these walls are sprayed. The Internet failed because it has removed restrictions; He succeeded because it redefined the creation of protocols (HTTP, SMTP, TCP / IP) that enabled distrustful communication.

Blockcain is on similar crossroads. The obsession of scalability has led to fragmented solutions-rolls, sidehains and alternative layer-1 blocks – each solves a specific question, but add complexity to a wide ecosystem of wider ecosystem. But in a hurry to scale, we have overlooked one crucial element: Connectivity.

BlocCchain’s space should not have been a collection of wall gardens, but that has become. Consequences? A handful of key inefficiencies:

• Bad user experience: Try to move funds from Etherem (El) to Solana (Salt), Bitcoin (Btc) or the cosmos hub (Atom). It’s like gathering of Ikea furniture without manuals, but unnecessarily painful.
• Relaxed innovation: Developers build an incredible app, but many remain limited to one chain. The result? Limited users, lack of adoption.
• Fragmented liquidity: Defial applications are fighting to work in chains and liquidity is broken. Users must jump through hoops (and more wallet) just to perform simple transactions. So everyone is held for chains that are in their comfort of comfort.

So the real question is not just how to reduce or manage the highest transactions per second, but also how to review some basic restrictions that define Blickskain’s future.

Restriction that matters: Interoperability, not execution

From 2024. there are over 120 l1 blocks and dozens of L2 solutions. According to electric capital developer reportThe number of active programs around all the blocks of projects increased by 60% in 2023. years, and new chains and solutions continue to appear.

Every blockchain has its own consensus mechanism, environmental environment and tokenomics working with power within their silo. For example, Etherum uses an Etherum Virtual Machine (EVM) and firmness for smart contract development, while Solana employs a different architecture with languages ​​like rust. This diversity, at the same time encouraging innovation in its own ecosystem, creates significant obstacles to seamless interaction between the chain.

Interoperability between the chain with such basic differences in coding languages, virtual machines and paradigms for execution – requires more than just possession of property. This means overcoming significant architectural and technological barriers.

And to solve these questions, we built bridges – literally.

The bridges we’ve built … and why don’t they break

Wrapped tokens, liquidity hubs, chain exchange systems – each promised a seamless experience, but each came with compromises. Security vulnerabilities. Of the speeding speed. Bulky processes.

The bridges, in their current form, are like a canal bar on tight pipes. They work – until they do.

Language differences and lack of common virtual machines drove the costs of building bridges and integration layers between the blocks. Every time the developer builds a bridge bridge or interoperability, they must become:

1. Language translation: Converting between firmness, rust or bitcoin script is not only long lasting, an error has already occurred. In 2023. years, over 60% of the active blocks of Blockchain worked on solutions for interoperability, spending average 1,5k more time to solve problems and removing transverse logic errors compared to single chain applications.
2. VM compatibility: Freighting EVM and Solana’s evidence of history or Bitcoin scripts is far from the Direct Mail. This is because it is not just about moving the tokens from one chain to another, it is about the logic behind decentralized applications compatible in different executions.
3. Security risks: The more layers of interoperability, the more different ecosystems, the more vulnerability potential, because hackers have more input points to target. According to 2023 Lancalizi reportCoverage bridges were responsible for overseas billions of dollars in losses due to violations of security in only 2022. years – accounting almost 70% of all stolen funds in the Blocko-Space. The complexities involved in insurance that interactions in transverse chains are certainly initiated by insurance costs, revision and constant monitoring. In fact, projects blocks are now wear Average on average $ 200,000 a year on the audit of Smart contracts and decision for cyber-entity, more than $ 50,000 only two years ago.

Each of these obstacles drives the costs of developers and eventually results in bad customer experience due to major gas fees, transactions and potential errors or failures in cross chains.

So what is the future? As Etherum Co-Founder Vitalik Baterin put this:
“The future of Blocko is not in the best in one area, but that it is best in working together.”

New Mental Model: Composability builds interoperability

Interoperability is the allower who set the stage for composibility.

The composibility refers to the ability of different components of blocks – such as smart contracts, protocols and applications – to communicate imperceptibly, enabling the creation of more complex and versatile functionality. This modular approach allows developers to build on existing components, encouraging innovation and efficiency.

In the context of the Blokchain interoperability, the composibility ensures that Dapsi can work on several chains. For example, the DEFI application can take advantage of liquidity pools from different blocks, offering users to better prices and more options.

Because, at the end of the day, the quick block is useless if there is in isolation.

Presto. Drive to the construction of open highways.

David Menigaldo

David Menigaldo is CCO Neon EVM. He was at the forefront of Blockeckain’s innovation since 2013. years. With a decade of experience in Blockoin and Criptou, its areas of interest include Web3, Defi, Plant and NFTS. Davide entered his entrepreneurial trip in 2015. years, he founded that the first startup was to enable global charities to accept Bitcoin donations. He also facilitated community engagement and actively participated in local Bitcoin meetings and crypting conferences in Europe. In 2023. year, David started on his journey with neon laboratory commercial and business fronts. It remains focused on keeping growth graphs in Neon EVM, while directing the development of innovative business lines, nurturing strategic partnerships and abolishing growth and through Solana and Etherum Blocchain Ecosystems.