The public blockchain ecosystem has unveiled a global passport that it believes will solve one of the industry’s biggest challenges: interoperability.
Nervos says the technology is compatible with current standards, which means users who want to move assets from one network to another or use applications based on different blocks no longer have to struggle with multiple interfaces and multiple identifiers.
“We want to meet users wherever they are, not ask them to get used to interfaces that fit plumbing or basic infrastructure,” co-founder Kevin Wang told Cointelegraph.
The basic elements of Universal Passport, described as the beginning of Interoperability 2.0, include a layer that sits on top of the general blockchain infrastructure for Nervos, allowing developers to naturally create multi-threaded applications.
PW Core allows you to create applications that are available to all users in different blocks. For example, with software built on Nervos via PW Core, you can connect with TRON, EOS, or Ethereum users. Wang said that all they have to do is use existing wallets.
The Ethereum compliance team, known as Polyjuice, also allows developers to seamlessly migrate existing smart contracts from the Ethereum blockchain so that they can run on Nervos and save the investments they have already made in their applications.
What does this mean for users
Wang told Cointelegraph that this means Bitcoin and Ethereum users can now launch Nervos apps directly from their existing wallets without the hassle of downloading new software, retrieving tokens, and remembering initial offers.
But the leader said the universal passport presents a much broader picture: Every day, consumers will be able to access Nervos apps through the browsers they currently use. “For them, Nervos only complements their existing Internet and brings this decentralized world to the Internet,” Wang explained.
Over time, Nervos hopes that this will become a natural way to start using Internet users through blockchain technology, which is very important given that the Internet has a much broader user base.
More information from NERVOS here
“Nirvus is a completely decentralized world that provides a semi-centralized user experience,” Wang added.
Why do I need a global passport?
Nervus believes that the future of the decentralized economy will be built on multiple blockchains – both specialized and public. Over time, these platforms will come together to form a public network like the Internet, but for this to be effective, moving assets from one network to another must be much easier.
However, there is a problem with some of the more popular interoperability solutions already on the market, as they are only effective as long as blockchains are built using their toolbox. There should also be significant improvements in the user interface, as there are not enough wallets that can communicate with multiple blockers. If you are an ETH user and need to use BTC as well, you need to download a bitcoin wallet.
“Creating new standards while trying to align existing standards has never worked so well,” Wang said. “Instead, we need to think about how to agree and maintain existing standards.”
Overall, Nervos is trying to change the status quo in the crypto industry – and to divert the narrative from the idea that horse racing is the only solution to the blockchain problem. As the space continues to grow and expand, more networks will be needed – and the market will be much healthier if they can easily interact with each other.