• CONTACT
  • BLOG
CryptoCompass
  • BOOKMARKS
  • Home
  • Blog
  • News
    • DeFi News
    • Trading
    • NFT News
    • Forex
    • Trading
    • Finance
    • Exchange
  • CryptoCurrency
    • Alt Coin
    • Bitcoin
    • Blockchain
    • Ethereum
    • Binance
  • Pages
    • Privacy Policy
    • Contact Us
    • About Us
    • My Bookmarks
Reading: What is a supernet, and the way does it work? By Cointelegraph
Share
  • bitcoinBitcoin(BTC)$28,340.00
  • ethereumEthereum(ETH)$1,809.54
  • tetherTether(USDT)$1.00
  • binancecoinBNB(BNB)$317.22
  • usd-coinUSD Coin(USDC)$1.00
  • rippleXRP(XRP)$0.57
  • cardanoCardano(ADA)$0.387289
  • staked-etherLido Staked Ether(STETH)$1,806.10
  • dogecoinDogecoin(DOGE)$0.075973
  • matic-networkPolygon(MATIC)$1.14
CryptoCompassCryptoCompass
Search
  • Home
  • Blog
  • News
    • DeFi News
    • Trading
    • NFT News
    • Forex
    • Trading
    • Finance
    • Exchange
  • CryptoCurrency
    • Alt Coin
    • Bitcoin
    • Blockchain
    • Ethereum
    • Binance
  • Pages
    • Privacy Policy
    • Contact Us
    • About Us
    • My Bookmarks
Follow US
© CryptoCompass News Network. Made with Passion ♥️ from Los Angeles. All Rights Reserved.
CryptoCompass > Blog > Exchange > What is a supernet, and the way does it work? By Cointelegraph
Exchange

What is a supernet, and the way does it work? By Cointelegraph

Staff
Last updated: 2023/02/20 at 8:39 PM
By Staff 1 month ago
Share
1 Min Read
What is a supernet, and how does it work?


Supernets allow communication amongst distinct blockchain networks, significantly bettering the usefulness of the general system by enabling the switch of property and knowledge amongst completely different blockchains.

Furthermore, shared infrastructure and assets might be made doable by interconnected networks, which might decrease prices and enhance general effectiveness. By making property accessible throughout quite a few networks, they will considerably enhance their liquidity, which is able to increase the property’ worth.

Identify the networks to be linked

Implement atomic swaps

Develop cross-chain communication protocols

Create sidechains

Test and deploy

Promotion

Develop a community plan

Establish governance

Train the employees

Plan and implement community integration

Use applicable safety measures

Monitor and keep the community

Use centralized administration instruments

Keep the software program up to date

Document and troubleshoot

Test the community