ClassZZ: Enabling Blockchain Compatibility
April 16th, 2022

Blockchain has become one of the most frequently discussed technologies for its ability to allow for peer-to-peer transactions without a centralized intermediary or a third party. It is no longer secret that blockchain technology has the potential to revolutionize the world. Already, its use and application has extended beyond to areas involving finance, identity management, governance, asset management and many more.

Blockchain is a potentially disruptive technology that can be used to advance many fields like cryptocurrencies, supply chains, and the industrial Internet of Things. The next-generation blockchain ecosystem is expected to consist of various homogeneous and heterogeneous distributed ledgers. These ledger systems will inevitably require a certain level of proper cooperation of multiple blockchains to enrich advanced functionalities and enhance interoperable capabilities for future applications. The interoperability among blockchains will revolutionize current blockchain design principles.

The development of cross-blockchain applications involves much complexity regarding the variety of underlying cross-blockchain communication. The way to effectively enable interoperability across multiple blockchains is thus essential and expected to confront various unprecedented challenges.

We had previously discussed what blockchain interoperability is. Networks can communicate across different blockchain platforms. It is the ability to share information, data and metadata across blockchain networks while keeping state and uniqueness consistent. The basis by which blockchains would communicate is hinged upon their compatibility.

Compatibility of Blockchains

The big question to answer should be can blockchains be compatible?

For blockchain to be compatible, it implies that different blockchains can work together and exchange data without hindrances. The different main nets can interact with each other through the use of cross-chain technology.

A simple way to explain it is to think about communication between two people. They interact and give feedback which is made possible because they are of the same kind or they have certain features in common. The same goes for blockchains.

Blockchains sharing similar networks can transfer value and exchange data between each other.

Simply put, these blockchains should be able to interact together easily.

For this to happen, it is important to note here that there are common features that should be seen in each blockchain:

·         Similar networks: Blockchains with similar networks will be able to transfer value between each other.

·         Protocol: The use of a specific protocol complemented with the benefits of a public decentralized chain, should lay the foundation for blockchains interoperability.

·         Smart Contract: To show that different blockchains are compatible and can interact, the different blockchains must be smart contract enabled.

·         The blockchains must support the same address.

Blockchains solutions built on decentralized platforms with feature that ensures data security, immutability, trust; integrity and transparency are more than likely to be compatible. Blockchain compatibility is seen in the use, application, interaction and transaction between different blockchains.

Advantages of Blockchain Compatibility

The advantages of blockchain compatibility are:

·         In the business ecosystem, it is easier to transact with clients from compatible blockchains

·         There is an effective means of value transmission for blockchain networks.

·         Diverse functionalities: it becomes easier to make use of blockchains for various functions. An example includes ease of payments across multiple blockchains.

·         Multi token transactions: the compatibility between bock chains makes it easy for tokens to be transferred with ease across various blockchains.

How can ClassZZ ensure Blockchain compatibility?

Ensuring Blockchain compatibility

ClassZZ is an interoperable blockchain that seeks to take blockchain technology, cross-chain technology, blockchain interoperability and the use of protocols to another level.

Consisting of multiple chains, ClassZZ's main net seeks to leverage this opportunity that blockchain technology presents to ensure blockchain compatibility. 

ClassZZ offers a blockchain that makes it possible for universal cross-chain compatibility. This is made possible through the Te Waka protocol. The Te Waka protocol connects all smart contract enabled blockchains.

With ClassZZ main net and its associated Te Waka protocol, the project seeks to ensure that a seamless connection between private chains and public networks exist. In addition, it also aims to ensure that the transfer of native tokens to native tokens are made possible with no user deposit or mapped tokens involved.

The fundamental tenets of the ClassZZ main net are unbounded scalability.

The developers of ClassZZ main net seek to achieve decentralization where every part of the protocol is verified on a permissionless public chain. This main net ensures cross-chain capabilities based on post-quantum cryptography. By leveraging on the TeWaka protocol, our post-quantum address system will help every mainstream blockchain such as Bitcoin, Ethereum etc., to make the post-quantum transition.

A major challenge that may likely face blockchain technology is that there are several blockchain main nets that do not speak the same language. Some of them could come with different smart contract levels.

Smart contracts allow users to specify conditions on the transfer of value based on the terms of the contract.

To fight against this challenge, the ClassZZ main net enables universal communication between various blockchains. It also seeks to make use of the Te Waka protocol as well as multi-chain frameworks to solve the challenges that may arise.

The Te Waka protocol allows value and information to move between different blockchains. It can settle transactions between different blockchains, using different consensus mechanisms while eliminating the need for third-party intervention. In this case, proof of work consensus is the only type of consensus that would suit the need.

Concluding Remarks

The ClassZZ main net intends to interlink blockchains through their common features which include having similar networks; the use of a specific protocol, smart contract enabled and supporting the same address.

Using the Te Waka protocol, it aims to allow independent blockchains to seamlessly transact and exchange information in a trust-free manner. The Te Waka protocol envisions itself as blockchain technology with three key components: it is trustless, universal and decentralized.

This implies that native tokens can be transferred, the protocol connects all smart contract enabled blockchains and it is verified on a permissionless public chain.

The ClassZZ main net is being designed with planned compatibility with Bitcoin, Ethereum and other blockchains.

The main net is designed with the properties that enable blockchain compatibility. For blockchains to be compatible is for blockchains to be interoperable. This is what the ClassZZ main net project seeks to achieve.

It seeks to ensure that different blockchains can work together, even with different consensus, to access each other in a trust-free manner.

One major path to an interoperable and scalable universe is blockchains and cross chains compatibility.

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