Multi-chain refers to the use of multiple blockchain networks that can operate independently or interact with each other. This approach enables various blockchains to serve specific purposes while allowing users and applications to leverage the strengths of each.For example, one blockchain might focus on smart contracts, while another is optimized for transactions at scale. By facilitating communication and data exchange across these networks, multi-chain setups can enhance functionality, improve speed, and reduce costs.Interoperability is a key feature of multi-chain systems. By enabling different blockchains to work together, users can move assets and information seamlessly. This flexibility fosters innovation, as developers can create applications that utilize features from multiple chains, leading to a broader range of services.Overall, a multi-chain strategy aims to create a more efficient and versatile ecosystem, allowing users to benefit from the unique advantages of various blockchain technologies.
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