Cryptocurrency News
Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi
2022.04.07 18:46
Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi
Interoperability network Interlay has released a 21-page technical whitepaper, titled advocating for the imminent development of cross-blockchain interoperability solutions to unlock a plethora of potential within the decentralized finance (DeFi) ecosystem.
As a Polkadot (DOT) parachain, Interlay is focusing its efforts on opening pathways of communication and interaction between Bitcoin’s currency-native ecosystem and the wider functionalities of the DeFi space with networks such as Ethereum (ETH) and Polkadot.