Ontology Releases Multichain Design to Rival that of Cosmos, Polkadot, and Plasma
A single blockchain is not able to meet the needs of all business scenarios, that is why blockchains with different architectures and features are being set up for different scenarios. However, these blockchains will not realize their intended value if they cannot interact with other blockchain systems. Therefore there needs to be a sufficient solution for them to work together under a multichain system.
Ontology has now released its design for a lightweight and safe multichain system and cross-chain solution. The solution uses the Ontology blockchain as the main chain, and supports both side-chains whose architecture is the same as that of the Ontology main chain and side-chains whose architecture is different from that of the Ontology main chain. It allows for interaction between the main chain and side-chains, and also between side-chains. The main chain manages side-chains using a multichain management contract, and the cross-chain interaction between source chain and target chain is done through a cross-chain management contract. The proof of cross-chain interaction is done through synchronizing key block headers and other state information.
Ontology Multichain, Plasma, Cosmos, Polkadot Comparison Table
Read the full Ontology Multichain design paper on GitHub here.
About the Ontology Research Institute
Ontology set up the research institute in order to focus more on the research and development of core blockchain technology and strengthen the ability to explore, reflect on, and apply emerging technologies, as well make contributions to the entire industry. At present, there are more than 10 R&D personnel in the Ontology Research Institute.