kaal:claim:3396522-029

The interoperability deficit in cryptocurrency markets is partly intrinsic to blockchain technology itself, because the consensus mechanism that allows block propagation on one chain in some ways negates interoperability with other chains and their consensus.

Source quote, verbatim
The lack of interoperability can in part be traced back to blockchain technology itself. The consensus created to allow block propagation in some ways negates interoperability with other chains and their consensus.
From

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019), IV. Stable Cryptocurrencies, 8. Interoperability, p. 40
https://ssrn.com/abstract=3396522 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522

Classification

mechanismsupport: arguedfailure: consensus-negates-interoperabilityfamily: interoperability-and-fragmentationconsensus-and-securityblockchaineconomics

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