🌉Intro to Interop 3.0 & Emerging Verification Markets
Last updated
Last updated
Blockchains are inherently isolated, unable to access data outside their native execution environments directly. This isolation creates a fragmented landscape that requires third-party intermediaries to enable inter-chain communication.
As Web3 enters an era of hyper-specialization, the blockchain ecosystem rapidly expands towards thousands of networks across multiple virtual machines, necessitating robust interchain data transport.
Interoperability consists of two core components:
Message Passing: Transferring data between chains via relayers
Verification: Reading and verifying chain state and events across different blockchain networks
The emerging Interop 3.0 landscape marks a critical shift towards modularization, specifically the decoupling of verification systems from message-passing systems. While existing interoperability providers focus on scaling to thousands of new chains, a new market for specialized verification solutions has emerged.
SEDA's flagship product is purpose-built to offer custom Oracle Programs that enable verification across all virtual machines, addressing the critical need for secure and specialized inter-chain communication.
