Definition ∞ Cross-chain utility describes the ability of digital assets or decentralized applications to function or interact across multiple distinct blockchain networks. It enables assets or services on one blockchain to be utilized or accessed by users or protocols on another. This inter-operability expands the reach and functionality of digital assets beyond their native chain.
Context ∞ The development of cross-chain utility is a central theme in current blockchain discourse, driven by the desire to overcome the fragmentation of the digital asset landscape. Ongoing efforts focus on creating secure and efficient bridges and protocols that facilitate seamless asset movement and communication between disparate blockchains. A key debate involves the security implications of these inter-chain connections and the potential for new attack vectors.
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