Overview
Blockchain interoperability is the ability of different blockchains to exchange data and assets. It connects the multi-chain ecosystem. Interoperability is enabled by bridges and messaging protocols.
How It Works
Interoperability systems lock assets on one chain and represent them on another, or relay messages between chains. Trust models vary. Security is a central concern.
Why It Matters
Interoperability unlocks liquidity and users across the ecosystem, enabling connected applications. It is essential for a unified Web3. Its security risks require careful design.
Related Concepts
Interoperability relates to Bridges, Cross-Chain, and Omnichain. It is enabled by messaging protocols like LayerZero.