Towards a Design Philosophy for Interoperable Blockchain Systems
This work addresses interoperability challenges for blockchain systems, particularly in cross-domain transactions, but appears incremental as it builds on existing Internet design principles.
The paper tackles the problem of designing interoperable blockchain systems by proposing a design philosophy based on Internet architecture principles, and illustrates its application in the MIT Tradecoin system.
In this paper we discuss a design philosophy for interoperable blockchain systems, using the design philosophy of the Internet architecture as the basis to identify key design principles. Several interoperability challenges are discussed in the context of cross-domain transactions. We illustrate how these principles are informing the interoperability architecture of the MIT Tradecoin system.