The evolution of blockchain transactions.

Blockchain transactions are inevitably on the rise, and several methods have emerged to make them as smooth and seamless as possible.
Occasionally there are cross-chain transactions, multi-chain transactions and now omni-chain transactions.
As far as I know, it all started with cross-chain transactions. This form of transaction takes place between two completely different blockchains, with the help of a cross-chain bridge that does this by creating a protocol that keeps the original assets in a pool and returns coins of equal value. is done. It sounds simple and easy, but it has some drawbacks. Of all the hacks and exploits in 2022, cross-chain bridges suffered the most. This puts users at risk of losing money if they just want to make a simple transaction.
The multi-chain approach emerged when developers and core blockchain enthusiasts realized that the cross-chain approach was not suitable for interoperable transactions. In order to be able to perform multi-chain transactions, it means that the cryptocurrency is on at least two blockchains at this point. Taking BNB as an example, the Binance token BNB exists on Binance Smart Chain (Bep-20), Ethereum Chain (Erc-20), and BNB Beacon Chain (Bep-2), making it easy and convenient to transfer BNB to these chains. Safe to transfer. Because there is some kind of decentralized bridge between these chains as long as there is BNB in ​​each one. The multi-chain approach is more widely used because it is inherently more secure and most tokens now appear on multiple chains. Long term crypto market.
This leads us to our final approach, the omni-chain approach. This approach is currently very common in the NFT field. Imagine you could buy an Avalanche NFT (not supported by OpenSea), bridge that NFT to Ethereum, and sell it on OpenSea as an ERC 721 token. This is usually the whole idea behind the omnichain approach, allowing tokens to be moved between chains even if they are not on the chain (multichain). There are currently several projects dealing with omnichain interoperability, most of them are Layer0 protocols, one of which is analog networks. Analog is a Layer0 protocol with the sole purpose of providing seamless, secure, decentralized and scalable transactions for the blockchain industry. The analog network construction method makes it easy to adopt an omni-chain approach and incorporates a unique consensus (proof of time) mechanism. Analog Network plans to create omnichain interoperability for NFTs, DeFIs and even the Metaverse. Imagine being able to stake your tokens on multiple chains at the same time, even on chains that don't have tokens, and get a lot of profit out of it. This is the extent to which analog networks plan to leverage omnichain interoperability. The omnichain approach is currently the most secure and most popular approach. The omnichain approach is currently the best bet for seamless interoperable transactions.