Cross-Layer Protocol Design involves creating communication and operational protocols that function across different layers of a blockchain system. This approach enhances the interoperability and efficiency of various blockchain components, such as network layers, consensus mechanisms, and application layers.By integrating processes from multiple layers, developers can optimize transaction speed and security while reducing overhead costs. For instance, a cross-layer protocol may enable seamless interactions between smart contracts on one layer and data storage on another, improving overall performance.Moreover, this design can facilitate compatibility among different blockchains, allowing them to exchange information and value smoothly. This cross-compatibility is essential for building decentralized applications that leverage multiple blockchain networks.Overall, Cross-Layer Protocol Design aims to improve user experience, scalability, and interaction between various blockchain layers, fostering a more cohesive ecosystem.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the