Despite sharing principles, the Web 3.0 industry has become a competitive arena where projects operate independently, leading to liquidity fragmentation and security risks. The lack of collaboration and communication among leading blockchain ecosystems has resulted in a lack of congruency.
Bridges have been introduced to overcome interoperability challenges, but they have become a prime attack vector for hackers. To create a unified, robust and secure Web 3.0 ecosystem, fostering collaboration and interoperability is necessary. The power of synergy is crucial for the future of Web 3.0, and it's time for the leading blockchain ecosystems to embrace it.
All Comments