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Nansen: what are the possibilities of the three cross chain communication protocols in the future?

Time : 23/08/2021 Author : v5kai4 Click : + -
        As Celestia has gracefully pointed out before, each layer 1 or layer 0 will form its own "cluster". A "cluster" is a set of chains that communicate with each other using cross chain communication protocols that minimize trust (through fraud proof, validity proof, or direct verification of transactions). For example, a group of rollups or independent main chains on Ethereum, such as Solana. There is "internal communication" within these clusters, which is the communication mode of rollup within the cluster. The communication within these clusters is usually through the bridge solution of trust minimization, relying on the assumption of honest minorities.
 
        However, how can an independent cluster like Ethereum and its layer 2 network communicate with other clusters such as cosmoszones or Solana ("inter group communication")?. In short, what we need is a trusted cross chain agreement. Let's take a look at some of the current top market participants and the meaning of "trusted":. We will not describe in depth the different trust and security assumptions of each method, but we still hope to make a relatively simplified description of their working methods and the functions of these protocols. As Celestia has gracefully pointed out before, each layer 1 or layer 0 will form its own "cluster".
 
        A "cluster" is a set of chains that communicate with each other using cross chain communication protocols that minimize trust (through fraud proof, validity proof, or direct verification of transactions). For example, a group of rollups or independent main chains on Ethereum, such as Solana. There is "internal communication" within these clusters, which is the communication mode of rollup within the cluster. The communication within these clusters is usually through the bridge solution of trust minimization, relying on the assumption of honest minorities. However, how can an independent cluster like Ethereum and its layer 2 network communicate with other clusters such as cosmoszones or Solana ("inter group communication")?.
 
        In short, what we need is a trusted cross chain agreement. Let's take a look at some of the current top market participants and the meaning of "trusted":. We will not describe in depth the different trust and security assumptions of each method, but we still hope to make a relatively simplified description of their working methods and the functions of these protocols. It will also become the default bridge for other decentralized exchanges and will be embedded in the agoric ecosystem and other cosmos chains. Axelar enables inter blockchain communication (IBC) by default, so it can become the interoperability protocol of any other cosmos chain on IBC.
 
        When there are thousands of blockchains, it is difficult to expand the communication between blockchains, but protocols such as axelar can become the hub of cosmos and other interoperability. Connect to axelar to access each blockchain it is connected to. But in a world with 10000 application chains, it is hard to imagine that 10000* (10000-1) = 90million independent relay channels. At this time, it is meaningful to route transactions between smaller chains through cosmoshub, which may be another business model for atom holders. Axelar has the first mover advantage in the cosmos ecosystem through osmosis, which is a powerful, replaceable and standardized token with Lindi effect.
 
        Wormhole is another cross chain information transmission protocol. At present, it uses a proof of authority (POA) multi signature network to connect more than 9 blockchains, the most striking of which is Solana. Nowadays, there are 19 guardians in the proof of rights, and they can be considered as the verifiers in the proof of rights system. The visual pictures of wormhole are as follows. To ensure the effectiveness of communication between any two chains, they use two independent entities &mdash& mdash; Relay and Oracle. Anyone can run their own repeater or use their own Oracle, but layerzero plans to use chainlink as the default Oracle in the future.
 
        A common feature of all these cross chain solutions is that they integrate the communication between blockchains in some way, whether it is shared data standards, cosmossdk modules (such as cosmwasm), or directly built on the cosmossdk itself. It will also become the default bridge for other decentralized exchanges and will be embedded in the agoric ecosystem and other cosmos chains. Axelar enables inter blockchain communication (IBC) by default, so it can become the interoperability protocol of any other cosmos chain on IBC. When there are thousands of blockchains, it is difficult to expand the communication between blockchains, but protocols such as axelar can become the hub of cosmos and other interoperability.
 
        Connect to axelar to access each blockchain it is connected to. But in a world with 10000 application chains, it is hard to imagine that 10000* (10000-1) = 90million independent relay channels. At this time, it is meaningful to route transactions between smaller chains through cosmoshub, which may be another business model for atom holders. Axelar has the first mover advantage in the cosmos ecosystem through osmosis, which is a powerful, replaceable and standardized token with Lindi effect. Wormhole is another cross chain information transmission protocol. At present, it uses a proof of authority (POA) multi signature network to connect more than 9 blockchains, the most striking of which is Solana.
 
        Nowadays, there are 19 guardians in the proof of rights, and they can be considered as the verifiers in the proof of rights system. The visual pictures of wormhole are as follows. To ensure the effectiveness of communication between any two chains, they use two independent entities &mdash& mdash; Relay and Oracle. Anyone can run their own repeater or use their own Oracle, but layerzero plans to use chainlink as the default Oracle in the future. A common feature of all these cross chain solutions is that they integrate the communication between blockchains in some way, whether it is shared data standards, cosmossdk modules (such as cosmwasm), or directly built on the cosmossdk itself.
 
        
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