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Catalyst Founder Jim Chang on the Future of Multi-Chain Environments

June 16 (Cointime) - The world of blockchain technology has seen the emergence of various protocols, each attempting to outdo the other. Jim Chang, founder of Catalyst, believes that this trend will continue, resulting in an ever-growing list of new protocols.

Chang suggests that most applications are better off in their own proprietary blockchain environment, where they can have full control over network activity and mechanisms such as gas fees. To address the issue of interoperability between blockchains, Chang proposes building a "really cheap shovel" to give to every house, enabling chains to start speaking to each other in a robust way.

Ultimately, an interoperable multi-chain environment enables freedom and expressivity, similar to having a tailor-made home that is optimized for exactly what you need to do.

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