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It seems like only yesterday that the crypto community was bemoaning the siloed design of blockchains. Thankfully, the industry moves at something approaching warp speed, and a number of recent innovations have facilitated interaction between once incompatible platforms.
Between cross-chain liquidity networks, cross-chain wrapped assets and swaps, and data oracles that connect disparate blockchains with real-time price feeds and APIs, the industry has come a long way in a short timespan. While there are a multitude of cross-chain projects making interoperability possible, the following five look set to have a breakout year in 2021.
Wanchain
Wanchain professes to be the “world’s most advanced blockchain interoperability platform” – a bold claim indeed. Look under the hood, though, and you’ll see that the boast isn’t mere hyperbole. Wanchain supports ring signature-based private transactions and decentralized cross-chain functionality, with developers able to write sma