The potential of #Web3 is exciting, but its UX remains half-cooked.
See how it could be better๐
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At @biconomy, we believe growth in #Web3 was stunned because of the absence of a tech stack that could connect niche apps to the bigger picture (all connected ecosystems)
Better UX needs to be caught up, and Web3 economics cannot live without healthy infrastructure growth.
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A pluggable, composable middleware stack can help connect Web 3 to that bigger picture.
This infrastructure lego will enable deeper levels of integration similar to that associated with @timberners_lee's vision of a composable & open internet.
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In very simple words, we extract Web3 #interoperability down to a simple set of APIs & SDKs(Gasless & Hyphen)!
Dependable communication between different chains is essential, meaning its necessary to be able to read and write data across blockchains efficiently.
That can be done using a Cross Chain Messaging Protocol, which we are covering in todayโs glossary term.๐งต๐
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What cross-chain messaging does is assure participants on the target chain that the information comes from the source blockchain & that it is dependable.
The nodes on the initial blockchain must convince the nodes on the destination chain that the message can be trusted.
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That can be done using a cross-chain function call & relayer nodes.
A Cross Chain Function Call SDK code calls the Cross Chain Messaging Layer SDK code to determine the target blockchain & submits the information, and the Cross Chain Messaging contract verifies the source.
ZED RUN is a futuristic ๐ horse-racing platform with each NFT representing a digital racehorse.
You can build a horse-racing empire in the #Metaverse filled with top pedigrees and the finest racers!
Collect, breed, and make strategy your game!
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At the same time, for #P2E games similar to ZED RUN, with massive micro-economies and hundreds of thousands of transactions every day โ it is important to keep the user experience frictionless.
In reality, it's about dApps leveraging the synergy between both approaches to scale.
๐งต๐
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The focus will be less on โ๐ฐ๐ก๐ข๐๐ก ๐ญ๐๐๐ก ๐ฌ๐ญ๐๐๐ค ๐ข๐ฌ ๐๐๐ญ๐ญ๐๐ซ?โ, and more on eliminating market inefficiencies and increasing overall composability in #web3.
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A #multichain approach can optimize security. However, it is extensive and cost-inefficient in most cases.
On the other hand, cross-chain solutions can be easily integrated, and offer fast execution, but the journey toward real decentralization is longer.