Friday, July 11, 2025
No Result
View All Result
Ajoobz
Advertisement
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Ajoobz
No Result
View All Result

EEA Releases DLT Interoperability Specification

10 months ago
in Ethereum
Reading Time: 3 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on TwitterShare on E-Mail


19 September 2024

The EEA at this time launched model 1 of its new DLT Interoperability Specification.

Concerning the specification

This specification gives a typical framework to allow interactions throughout totally different blockchains and distributed ledgers. Utilizing this customary reduces improvement time and the probability of errors by offering software program groups with a widely known set of interfaces, reasonably than having to construct a bespoke answer for every pair of networks a developer desires to attach.

The specification was developed by the EEA’s Crosschain Interoperability Working Group. This Working Group grew out of earlier work on interoperability, when in 2019 EEA members recognised that the long run demanded basic options. The group has already printed essential steerage for crosschain interoperability, masking key areas comparable to decentralization and safety, in addition to essential technical specs to determine blockchains and associated distributed ledgers. The group additionally works with different teams in different organizations, who’re creating software program or requirements on this essential space.

Working Group co-chair Weijia Zhang, of Wanchain, says

“The way forward for Web3 shall be shaped of a whole bunch, if not hundreds, of distinct blockchain networks, making interoperability requirements and specs essential for constructing a unified decentralised community of blockchains. The discharge of v1 of EEA’s DLT interoperability specification is a significant milestone, providing steerage and reference implementations for cross-chain messages, information and features. We stay up for persevering with to collaborate with colleagues, companions and different blockchain standardisation organisations.”.

The present specification gives the instruments essential to allow “full-stack” interoperability, from making certain that messages handed between two networks could be trusted, via to constructing crosschain purposes that compose sensible contracts on totally different platforms to construct the subsequent technology of highly effective and scalable options for enterprise.

Implementation Expertise

EEA not too long ago printed a Case Examine of 1 implementation of this specification, for a payment-vs-delivery settlement system working throughout a number of blockchains. The group can also be in touch with a number of different builders who’ve applied, or are implementing, the specification for manufacturing deployment, and can proceed to publish case research, in addition to contemplating suggestions that implies any revision is likely to be vital or useful.

Working Group co-chair Anaïs Ofranc, of Qualitax, says

“With the discharge of v1 of the DLT Interoperability Specification, we’re proud to introduce an open customary that embodies our dedication to a collaborative and vendor-agnostic interoperability ecosystem. This specification represents a vital step in the direction of seamless interoperations throughout numerous distributed ledger applied sciences, making certain that improvements can thrive no matter underlying platforms.”

About EEA:

The EEA is a worldwide group of blockchain leaders, adopters, innovators, builders, and companies. We’re accelerating enterprise in Ethereum via skilled and industrial help, advocacy and analysis, requirements improvement, and ecosystem belief companies.

For extra data relating to the EEA’s DLT Interoperability Specs, or how one can contribute to its Working Teams, please contact EEA’s Technical Program Director Chaals Nevile: chaals@entethalliance.org.

For EEA membership enquiries please contact membership@entethalliance.org or go to https://entethalliance.org/become-a-member/

The publish EEA Releases DLT Interoperability Specification appeared first on Enterprise Ethereum Alliance.



Source link

Tags: DLTEEAInteroperabilityReleasesSpecification
Previous Post

Custodia Says Fed Attempt to ‘Crush’ Crypto Bank Was Political

Next Post

Is This The End For Ethereum Or A Generational Opportunity?

Related Posts

Robinhood launches ETH, SOL staking services for US users with  minimum
Ethereum

Robinhood launches ETH, SOL staking services for US users with $1 minimum

13 hours ago
Rising Bets On Ethereum: Futures Open Interest Jumps To Fresh Multi-Month High
Ethereum

Rising Bets On Ethereum: Futures Open Interest Jumps To Fresh Multi-Month High

14 hours ago
Ethereum regains ,700 amid lowest long/short ratio in two years and ETF cash floods
Ethereum

Ethereum regains $2,700 amid lowest long/short ratio in two years and ETF cash floods

2 days ago
The Future of Ecosystem Development at the EF
Ethereum

The Future of Ecosystem Development at the EF

2 days ago
Whales Scoop Up 200,000 ETH
Ethereum

Whales Scoop Up 200,000 ETH

2 days ago
Joe Lubin forecasts Ethereum treasury strategies will reshape Wall Street perception
Ethereum

Joe Lubin forecasts Ethereum treasury strategies will reshape Wall Street perception

3 days ago
Next Post
Is This The End For Ethereum Or A Generational Opportunity?

Is This The End For Ethereum Or A Generational Opportunity?

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

[ccpw id="587"]
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us
Contact us for business inquiries: cs@ajoobz.com

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In