Towards blockchain interoperability: a comprehensive survey on cross-chain solutions
Wenqing Li, Zhenguang Liu, Zhenguang Liu, Jianhai Chen, Zhe Liu, Zhe Liu, Qinming He
Abstract
The rapid expansion of decentralized finance (DeFi) applications has catalyzed the emergence of new blockchain systems at an unprecedented pace. However, these systems are largely evolving in isolation, hindering the development of a cohesive ecosystem where value and data can flow seamlessly across networks. Blockchain interoperability technologies are introduced to break down these communication barriers and facilitate effective interactions between different blockchain systems. In recent years, numerous approaches and solutions to blockchain interoperability have been proposed. While some reviews have attempted to categorize cross-chain solutions based on blockchain standards and architectures, a more in-depth analysis is warranted. In this work, we investigate mainstream cross-chain solutions from the perspective of their principles, applications, protocols, and performance. To clarify the concept of blockchain interoperability, we propose a conceptual model that characterizes both asset interoperability and data interoperability. Furthermore, we introduce a hierarchical architecture to categorize and analyze representative cross-chain solutions, covering both academic research and industrial implementations. To maximize the utility of this review for a wide audience, we also highlight open challenges and identify future directions in the field of blockchain interoperability, expecting to provide a comprehensive overview of cross-chain solutions.