Leo multichain integration. Is it okay?
A few hours ago, @khaleelkazi released an update on the next line of action for LEO, which is the integration on another chain making it 4 chains in total. Many people responded from different perspectives, which is very much normal because we are all entitled to our opinion. But why not stay focused on hive? Why take LEO to another chain since hive happens to be the root? Well, let's start with this
In blockchain/cryptocurrency, there are several buzz words, like transaction per second, scalability, immutable, encryption, permissionless, anonymity, smart contract, and so on. Interoperability is also one of those Buzz words. Every now and then, people come up with ideas that would expand the horizon of blockchains, that's why all these buzz words are created. But wait! It's not only about the words. It's the impact of the word on the blockchain
Interoperability is one of the key things that should be considered when setting up a project on the blockchain because it's an opportunity to move forward. There are different chains like V chain, Neochain, Stella, Iota, and the likes. All of them do different things
Neo chain focuses on having a small economy
V chain deals with supply chain logistics
Iota goes for the internet of things
Hive deals with blogging
All these chains can stand alone and operate as a main net. Just like humans, we can choose to remain single without having friends, but the fact is we would miss out on many things. So we need to socialize. meet new people and explore. That's what interoperability means in the blockchain
It allows blockchains to interact with one another. So I think the idea of more integration is a way to get more value for the coin and make the community grow stronger. I think the WLEO-RUNE integration would be a great opportunity for us all, as it would offer one of the best APYs. (We are all waiting for it)
So as Leo plans to run on 4 blockchains (polygon), we need to look at how it would help the hive community too. Every project now looks at integrating with multiple blockchains because of the advantages it offers
Looking forward to the integration.
Thanks for reading.
This is ckole the laughing gas
One love.
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