DOMANI Concept Explainer - The Difference between Crosschain and Multich
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(DOMANI is an oracle-less Digital Asset Management platform that enables users to create, mint and manage ETF-style tokenized funds. The views expressed in the article below should not be taken as investment advice. Always do your own research.) The mass adoption of Web 3 and DeFi 2.0 is imminent, with an influx of over 1 billion users expected to be onboarded within the coming years, we have seen the industry shifting their approach towards a Multichain or Crosschain strategy as they begin to bootstrap for the mass onboarding of future users. But there’s a clear distinction to be made between Crosschain and Multichain, one that might not be as obvious to those not native to DeFi, but one that will determine the success or failure of blockchains. Let’s take a look at the differences between the two.
DOMANI Concept Explainer - The Difference between Crosschain and Multich
DOMANI Concept Explainer - The Difference…
DOMANI Concept Explainer - The Difference between Crosschain and Multich
(DOMANI is an oracle-less Digital Asset Management platform that enables users to create, mint and manage ETF-style tokenized funds. The views expressed in the article below should not be taken as investment advice. Always do your own research.) The mass adoption of Web 3 and DeFi 2.0 is imminent, with an influx of over 1 billion users expected to be onboarded within the coming years, we have seen the industry shifting their approach towards a Multichain or Crosschain strategy as they begin to bootstrap for the mass onboarding of future users. But there’s a clear distinction to be made between Crosschain and Multichain, one that might not be as obvious to those not native to DeFi, but one that will determine the success or failure of blockchains. Let’s take a look at the differences between the two.