Web3, the next epoch of the internet, is built upon revolutionary technology called blockchain. As this new era unfolds, an important debate has emerged within the crypto industry: Will there be a winner-take-all scenario among blockchains, or can multiple blockchains coexist? This ongoing discussion, known as the multichain hypothesis, has profound implications for the future of Web3. In this thought leadership article, we will delve into the significance of blockchain coexistence and explore how Poly Network, a leading interoperability solution, is playing a pivotal role in enabling the benefits of multichain synergy.
Diversifying Blockchain Infrastructure In recent years, the blockchain landscape has witnessed the development of diverse infrastructure layers, adding richness and variety to the previous Ethereum layer-1 (L1) monopoly. This expansion has unlocked unique benefits for different blockchain communities. From scalability solutions to specialized functionalities, each infra
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