A Novel Cross-Chain Mechanism for Blockchains
2018
With the popularity of online transactions, a large number of online transaction data has caused people to pay more attention to the privacy and security of data. The emergence of blockchain has brought the credibility of data to get rid of the limitations of trusted third parties and brought a secure distributed trading environment’. However, as the volume of transaction data increases, people will choose to trade on multiple blockchains. But establishing transactions between different blockchains is difficult. In this paper, a novel cross-chain mechanism for blockchains is proposed to provide basic support to the interconnection between blockchains. We stated our research and analyzed the feasibility of our research.
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