Isolation is no longer an option for L1 blockchains

Layer-1 networks can no longer afford to operate in isolation. To remain relevant and competitive, these networks must prioritize multichain technology and interoperability. The future of Web3 is interconnected, and any layer-1 that fails to evolve risks obsolescence.

The blockchain ecosystem has undergone a profound transformation over the past few years. The introduction of Ethereum’s 2022 merge and the ongoing development of shard chains have set new benchmarks for what layer-1 blockchains can achieve. These innovations have compelled layer-1s to enhance their functionalities to meet the growing demands of the ecosystem.

This competitive pressure is further intensified by the…

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