Interoperability in Web3
Why is easy mobility between applications on various blockchains necessary?
Interoperability in Web3 allows users to access and interact with applications across various blockchains, all from one decentralised space. Interoperability combines the security of blockchain technology with the mobility between various applications that users expect.
Since the introduction of blockchain technology, a widely recognised problem has been the inability for users, assets and data to operate between different blockchains and often within an individual chain as well. This problem leads to the creation of solitary communities of users specific to a blockchain or application instead of being a unified community for Web3 as a whole.
This difficulty in interacting with applications across chains is a particularly significant problem when trying to onboard large numbers of Web2 users that are used to movement between platforms. However, even on Web2 technology it is very difficult to move from ecosystems. An easy way to understand this is in terms of the various Web2 ecosystems, some of the most popular ones being the Google and Meta ecosystems. While it is easy to move data between instagram and Facebook, it is impossible to move data from YouTube to Facebook. Here, we are not referring to sharing a video link on Facebook, we are talking about where the video is housed. Web2 technology relies on these ecosystems to act as centralised custodians of data, and the ecosystems are not designed to communicate with each other, they are designed to monopolise on content that is uploaded to their platform. Creators become dependent on the platform and cannot move their content elsewhere.
Even for the enthusiastic Web3 users, this lack of mobility is a hindrance. It doesn’t allow users to utilise the various features available across blockchain, it creates additional learning and acceptance hurdles every time they wish to use a new application and makes it difficult to move their assets or data across chains.
Interoperability aims to solve these problems and create bridges, in a sense, through which data, users and applications can easily travel between applications regardless of the chain they are built on. Even metrics like number of views and number of trades can be shared between applications. They are, essentially, not confined to ecosystems like is the case with Web2 technology.
This allows users to take advantage of features across chains and enables the creation of an interlinked Web3 community instead of solitary communities for each chain or application. This in turn supports the growth of Web3.
Releap Protocol supports interoperability
Releap Protocol ensures that all applications built on the Protocol share the open social graph. Users can move their content and connections across various applications. This means that applications don’t have to fight to keep users exlusively on their site, instead they can build more niche use-cases and compete on user experience. This is helpful for both users and applications.