Interoperability
Last updated
Last updated
A good blockchain should have interoperability features. A small number of nodes are designated as inter-domain gateway nodes and process software, hardware, and trusted computing base. Ideally, all nodes should be capable of becoming gateway nodes and forming gateways, but we restrict it to specific nodes. This could be clearly defined in figure 4.1.
Intraoperability is achievable by using AMMs (Automated Market Markers). Which currently operates as dark pools in many networks. Intraoperability to be fully achieved in our network,
AMMs should become market players, dominating centralized exchanges. While appealing in theory, time will tell if such dominance is achievable in practice in the same blockchain.
BlockConvey Payment Channel: BlockConvey would operate a state channel where payments will be settled once the transaction is completed. The transactions in the channel are settled in the blockchain.