Nonetheless, the biggest reveal is that Ripple was consulted | Cryptomarc on Binance Square

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Nonetheless, the biggest reveal is that Ripple was consulted in the making of this report. Susan Friedman, Head of Policy at Ripple was mentioned in the witnesses section in the report. Manincor also wondered why no other company was consulted in the writing of this report.

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BTC is going up 10% soon #ETH #BTC #crypto2023 #opbnb #DeFiChallenge

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THE GROWTH OF CROSS CHAIN INTEROPERABILITY📈Let dive into the growth of Cross Chain InteroperabilityCross-chain interoperability has rapidly evolved as a fundamental concept in the blockchain and cryptocurrency space. It addresses the limitations of isolated blockchain networks by enabling them to communicate and share data, assets, and functionality seamlessly.Interoperability fosters a more connected and versatile blockchain ecosystem. It allows users and developers to access a broader range of assets and applications while mitigating issues like scalability and fragmentation. Key developments include:Interoperability Protocols: Projects like Polkadot, Cosmos, and Aion have introduced interoperability protocols that facilitate communication between different blockchains. They enable cross-chain transactions, data sharing, and smart contract execution.Bridges: Decentralized bridges and cross-chain bridges have emerged, acting as connectors between otherwise disparate blockchains. These bridges facilitate asset transfers and data exchange between blockchains.Cross-Chain DeFi: Interoperability has expanded the DeFi landscape. Cross-chain DeFi platforms enable users to access and utilize assets from multiple blockchains, increasing liquidity and diversification.NFT Interoperability: NFTs can now move seamlessly across various blockchain networks, increasing their utility and value.Standardization: Efforts are underway to standardize cross-chain communication, making it easier for developers to build interoperable applications.The growth of cross-chain interoperability has the potential to unify the blockchain space, enhancing the overall user experience, expanding use cases, and fostering collaboration among blockchain networks. As it continues to evolve, it will likely play a pivotal role in the future of blockchain technology.

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