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Network Composability

Definition

Network composability describes the ability of different decentralized applications (dApps) or protocols within a blockchain ecosystem to interact and build upon each other. This allows developers to combine existing components to create new functionalities, akin to using building blocks. High network composability fosters innovation by enabling the rapid development of complex financial instruments and services without needing to reinvent core functionalities. It is a key characteristic of open and permissionless blockchain platforms.