Ethereum broadens its reach after Syscoin builds it a bridge

It's the biggest problem that today's blockchain projects are trying to solve, and the movement gained momentum this week with the launch of Syscoin's Ethereum bridge.

The decentralized bridging protocol enables the transferability of ERC20 tokens into the Syscoin ecosystem.

As a result, network users can enjoy the best of both worlds: the smart contract capabilities that are inherent to Ethereum with the higher throughput and lower fees of Syscoin.

Bridging blockchains is a multi-faceted challenge that entails significant technical and logistical hurdles.

Bridging Blockchains Without Trade-OffsMuch of the progress that has been made in interoperability has been at the expense of decentralization.

Or in the issuance of wrapped bitcoin on Ethereum.

Syscoin's bridge is materially different, enabling Ethereum assets to operate on the Syscoin protocol without the need to custody them with a third party.

"We rightly chose Ethereum as the first subject to integrate ," explains Jagdeep Sidhu, Syscoin co-founder and Lead Core Developer.

"With Ethereum being the most proven smart contract platform, and facing increasing pressure to scale, this is a mutually beneficial integration on more than one level. At a later stage, the Syscoin Bridge could be integrated with platforms other than Ethereum. We continually weigh the ecosystem benefits of various potential future integrations."

When the interoperability problem is solved, blockchain engineers will turn their attention to the next challenge to rear its head. For now bringing crypto ecosystems closer together remains an ongoing challenge that initiatives like Syscoin with its Ethereum bridge are seeking to remedy.