The concept of “Universal Gas” with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) suggests that users will soon have the flexibility to transact across both private and public blockchains without needing to worry about the type of network they’re on. The universal gas feature implies that CCIP would allow payments in any currency, making blockchain access more seamless and inclusive. This approach could be particularly appealing for enterprises and individuals working across multiple blockchain networks, as it simplifies transactions and enhances cross-chain operability.
Chainlink’s vision here is to let $LINK token holders power this interoperability, potentially becoming the backbone of payments across decentralized finance (DeFi), enterprise blockchain solutions, and more. As users access blockchain networks through CCIP, they’ll rely on $LINK to handle the network requirements, bringing together diverse systems into one cohesive ecosystem.
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