The current embarrassing abundance of blockchain networks presents a liquidity challenge for businesses and a real headache for users (me included). Using ‘bridges’ for interoperability only complicates the situation further and invites massive hacks. In this article, I discuss a radically different approach: by rethinking how tokens are issued on a blockchain, it is possible to transfer assets cross-chain without a trusted third party or bridge. We call these Universal Blockchain Assets.

Universal Blockchain Assets

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