Cross-platform protocol refers to standards or rules that allow different blockchain networks or applications to communicate and interact with each other seamlessly. This interoperability is essential for enhancing the functionality and usability of various platforms within the crypto ecosystem.By using cross-platform protocols, users can conduct transactions across different networks without the need for intermediaries. For example, a user can move assets from one blockchain to another, facilitating a broader range of financial services and applications.These protocols help to overcome limitations that arise from the existence of multiple isolated blockchains. They promote collaboration and innovation by enabling developers to build applications that can leverage the strengths of various networks. This connectivity can lead to greater liquidity, improved user experience, and the potential for new use cases in decentralized finance, gaming, and beyond. Overall, cross-platform protocols aim to create a more integrated and efficient environment for users and developers alike.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to