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AXELAR’S NEW INTEROPERABILITY STACK IS LIVE: Because the World Really Needed Another Way for Cryptocurrencies to Confuse Each Other

BlockchainCrypto NewsFeatured Barry Thompson October 7, 2024

A comic illustration of a cityscape with multiple skyscrapers representing different blockchains (Solana, Stellar, Sui, XRP Ledger) connected by bridges labeled 'Mobius' and 'Interchain Token Service'. In the foreground, a developer is shown plugging in their blockchain to the network. The background features a growing graph indicating rapid growth of 27.2% per year.

The never-ending saga of cryptocurrency continues, with protocols racing for interoperability solutions like they’re trying out for a spot in some sort of tech-themed Olympic event. Axelar protocol is one such player, debuting its Mobius Development Stack (MDS), which promises to connect decentralized applications across various blockchain networks. Because what the world really needs is more ways for developers to plug their blockchains into an ‘internet’ of chains and build DApps that span all chains simultaneously. I mean, who doesn’t love a good game of crypto-telephone?.

Source: cointelegraph

Crypto Biz: Axelar’s new interoperability stack goes live
https://cointelegraph.com/news/crypto-biz-axelar-interoperability-stack-goes-live
Protocols are continuing to race for interoperability solutions. With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications.  One of the players in this game is Axelar protocol. The company announced on Oct. 2 its Mobius Development Stack (MDS), offering a new platform for self-service integration with both onchain and offchain systems, allowing decentralized applications to […]

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About the author

Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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