A multi-chain hub is a central blockchain or protocol specifically designed to enable interoperability and seamless communication between various independent blockchain networks. It functions as a crucial bridge, facilitating the secure transfer of assets and data across disparate chains. This architecture significantly enhances the overall connectivity and utility of the broader decentralized ecosystem. It addresses network fragmentation.
Context
Multi-chain hubs are considered vital for achieving greater scalability and composability within the expansive blockchain landscape, effectively connecting isolated networks. The security and efficiency of these hubs in handling cross-chain transactions are key areas of continuous development and intense competition among different protocols.
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