chainlink underperformingBuilding the Cross-Chain Communication Standard

bison app chainlink chainlink lambo biz chainlink underperforming Building the Cross-Chain Communication Standard

so most cross chain systems right now focus on token movements and while that is is useful communications information which is really what token movements are is really the higher level abstraction of how to define all cross-chain interactions so the cross-chain interoperability protocol is something that were developing with some of the best people in the blockchain and cryptography industries people like ari jules whos our chief scientist who used to be the chief scientist of rsa and somebody called dan bonay who heads the stanford applied cryptography department and and a number of other projects in the crypto industry are all kind of coming together to build um a communication standard across chains which will actually allow not only token movements but itll allow commands and information and state to move between contracts on different chains and this will accelerate the advanced features and capabilities of blockchains and smart contracts just like the appearance of oracle networks focused on data accelerated our industry into a state of providing d5 so i think this will have a similarly large impact and just like we were very focused on getting the oracle networks right for data aggregation for markets we are now spending significant time on getting this right and its its a very complicated problem that a number of people have tried to solve and they havent solved foundationally really from a security point of view and thats actually the point of view from which we approach um all parts of both the core protocol and other additions to the protocol like this communication standard Just as Chainlink Data Feeds accelerated the growth of the DeFi design space, CCIP, the open-source cross-chain communication standard, is being built to rapidly advance the capabilities of blockchains and smart contracts.Watch Sergey Nazarovs complete presentation at the Barclays Crypto & Blockchain Summit: ZxGTUEfAE0E Read more about CCIP: Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains. Learn more about Chainlink: Website: Docs: Twitter: Chainlink Chainlink,