Cross-shard refers to the communication and interaction between different shards in a sharded blockchain system. Sharding is a scaling solution designed to improve transaction speed and capacity by dividing the overall network into smaller, manageable pieces called shards. Each shard processes its own transactions and smart contracts independently.When a transaction involves multiple shards, it becomes necessary for them to communicate, which is where cross-shard comes into play. For example, if a user wants to transfer tokens from one shard to another, the system needs a method to synchronize the data and ensure the transaction is valid across both shards.Successful cross-shard communication enhances the overall efficiency and usability of the blockchain. It helps minimize bottlenecks and ensures that decentralized applications can operate smoothly, even when distributed across multiple shards. Secure and efficient cross-shard mechanisms are crucial for achieving the scalability goals of a sharded blockchain, allowing it to support a larger user base without sacrificing performance.

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