So I think I understand this correctly but just want

Question

So I think I understand this correctly but just want

to confirm… could state channels be used as building blocks for new projects, sort of in the same way as we hear the term DeFi legos when referring to dApps combining multiple protocols?

#blockchain #constellation #cryptocurrency #english

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27.01.2022

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John Zuccaro Автор вопроса

For example, if a Decentralized Identity solution were to build a state channel, could other state channel businesses incorporate that DID technology into their platform so each new user account has a DID associated with it?

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27.01.2022

John Zuccaro Автор вопроса

John Zuccaro
For example, if a Decentralized Identity solution ...

To further elaborate, it would make sense to me that a great state channel business idea is one that almost every single state channel would need/want to use. Please correct me if I am misunderstanding!

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27.01.2022

John Zuccaro Автор вопроса

John Zuccaro
To further elaborate, it would make sense to me th...

I know there’s a lot of messages that come through here everyday so this probably got buried, but I’m hoping someone can give me some clarity on this

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27.01.2022

Proph151Music (I'll Never DM 1st)

John Zuccaro
I know there’s a lot of messages that come through...

Yes. The Hypergraph is built to be very interopable. Since it would also be easy to swap tokens between different state channels.

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27.01.2022

John Zuccaro Автор вопроса

criptix | I WILL NEVER PM FIRST
Yes and definitely a good idea 😉

Thanks, I assume there will be multiple DID statechannels then and they’ll compete for market share.

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27.01.2022

criptix | I WILL NEVER PM FIRST

Correct a likely outcome - free market forces at play :)

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27.01.2022

John Zuccaro Автор вопроса

Awesome- that’s what I thought. So for example, I could see The Void being integrated into many different state channel business models as the NFT marketplace solution of choice. But each business would choose which features of the Void they’d want to leverage for their specific business model?

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27.01.2022

John Zuccaro Автор вопроса

criptix | I WILL NEVER PM FIRST
Correct a likely outcome - free market forces at p...

Love it. I see HGTP spurring a similar wave of business model innovation as we saw with HTTP (.com boom) in the mid-late 90s

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27.01.2022

criptix | I WILL NEVER PM FIRST

John Zuccaro
Awesome- that’s what I thought. So for example, I ...

Yep this is definitely possible - State Channels can seamlessly be programmed to leverage/utilize different State Channels. E.g. a possible way you already spoke about is a decentralized identity managment which the Lattice State Channel could use for its Launchpad.

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27.01.2022

criptix | I WILL NEVER PM FIRST · Accepted Answer

criptix | I WILL NEVER PM FIRST

John Zuccaro
For example, if a Decentralized Identity solution ...

Yes and definitely a good idea 😉

0

27.01.2022

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So I think I understand this correctly but just want

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