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Wire Network's new protocol aims to end Web3 interoperability woes
The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate.
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Wire Network's new protocol aims to end Web3 interoperability woes
The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate.
Layer-1 blockchain platform Wire Network announced the launch of its blockchain interoperability protocol called the Universal Polymorphic Address Protocol (UPAP).
In the Web3 ecosystem, which is nascent compared to the larger crypto market, the primary interaction occurs over digital goods and nonfungible tokens (NFTs). However, a growing number of Web3 platforms lack interoperability, which could be a huge roadblock to a seamless Web3 experience. Wire Network aims to change that with its universal wallet address protocol.