On November 2, 2023, Zeeve held a Twitter AMA session where Karthik MS, Social Media Manager of Zeeve, hosted the session on “Interoperability in Blockchain: The Promise of Chain-Agnostic dApps.”
Karthik begins the session by welcoming esteemed guest Tarusha Mittal, Co-founder of dapps. Co, to shed light on how interoperability is critical to DApps, especially within the decentralized ecosystem.
Tarusha offers gratitude for the introduction and starts the session by discussing the challenges developers face working with existing blockchain solutions, citing issues related to varying token requirements and transaction fees.
Tarusha continues to explore the broader spectrum of interoperability challenges within blockchain ecosystems. These interoperability challenges are identified as bottlenecks that hinder the seamless integration of DApps into the blockchain landscape.
She also highlights the intricacies of interoperability in Web3, pointing out the difficulty when different blockchain networks fail to communicate effectively. This lack of communication is an obstacle for users navigating these networks and developers looking to scale their applications.
The discussion then delves into the pivotal role of interoperability in Web3 applications, underlining how it can enhance user experiences and facilitate growth by allowing DApps to operate across multiple ecosystems.
Tarusha further elaborates on the concept of chain-agnostic apps, which aim to address interoperability issues by enabling applications to harness the unique strengths of various blockchains.
In terms of limitations, Tarusha points out the silos created by different blockchains operating independently, restricting the flow of information and value. These challenges are acknowledged as barriers to achieving seamless interoperability within the blockchain space.
Moving on to blockchain interoperability and scalability, Tarusha highlights blockchain applications’ challenges, including scalability, complexity, and user experience. She suggests that interoperability and chain-agnostic apps provide the much-needed solutions to these issues.
The conversation also sheds light on specific blockchain networks designed with interoperability, focusing on Polkadot, Cosmos, and Avalanche. These networks are commended for their features, such as cross-chain communication and bridges, which facilitate the development of chain-agnostic DApps.
The discussion then emphasizes the importance of cross-chain technologies and standards, including bridges, inter-ledger protocols, and atomic swaps. These provide the infrastructure for different blockchains to collaborate effectively and create chain-agnostic solutions.
The conversation then turns towards real-world examples of chain-agnostic solutions in Web3. Tarusha highlights daps. Co is a decentralized platform that simplifies the discovery, use, and creation of smart DApps. This platform is introduced as a prime example of how token standards can streamline interoperability for end users.
Tarusha’s platform, which aims at simplifying Web3 adoption, is introduced as a toolkit that empowers developers to create decentralized applications, engage with users, and monetize their products without being burdened by interoperability challenges and technical debt.
The discussion then shifts towards the vision of the future, where Tanisha envisions a world where blockchain interoperability is standardized and chain-agnostic applications become the norm. Improved security mechanisms and a better user experience are critical elements in this future landscape.
Karthik expresses appreciation for Tanisha’s vision, aligning with the belief that addressing interoperability and promoting chain-agnostic applications are pivotal for realizing the full potential of Web3.
Tarusha concludes the discussion by encouraging listeners to educate themselves about Web3 technology and actively engage with tools. She emphasizes the transformative potential of Web3 and its capacity to create a better future.
Lastly, Karthik expresses gratitude for the podcast opportunity and hints at a more extended collaboration, including a series of podcasts featuring expert guests, further promoting the discussion of blockchain and interoperability in the ever-evolving landscape of Web3.
Thus, wrapping up the session, Karthik expresses gratitude to the audience for their time and attentive listening.
To find the detailed discussion on “Interoperability in Blockchain: The Promise of Chain-Agnostic dApps.”
Click the link below and listen to the Zeeve Tech Talk episode.
