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- Sergey Nazarov says CCIP is a low-level infrastructure that facilitates the Web of Contracts.
- Nazarov likened the CCIP to the well-known TCP/IP.
- The CCIP seeks to attach the separate chains in ecosystems into one community.
Chainlink co-founder Sergey Nazarov has described the Cross Chain Interoperability Protocol (CCIP) as a low-level infrastructure that facilitates the Web of Contracts. Nazarov defined how the novel protocol works in a brief video recorded throughout Korea Blockchain Week.
The Chainlink co-founder likened the CCIP to the well-known TCP/IP, an data switch protocol that creates the web. In accordance with him, the web runs on TCP/IP, a protocol connecting the complete web applied sciences into one community.
Nazarov defined that the state of affairs is just like what obtains with chains, the place there are silos of ecosystems, and the CCIP seeks to attach the separate chains in ecosystems into one community. He additional defined that the setup enabled by the CCIP gives customers an analogous expertise to what they get whereas utilizing the web.
The blockchain professional in contrast the CCIP setup with utilizing one software, operating on one expertise, and one set of cloud expertise with out essentially figuring out what the cloud suppliers do or who they’re. Below this association, a specific software utilizing one set of applied sciences can join to a different on a totally separate set of expertise as a result of each functions can talk.
Nazarov referred to the blockchain model of this sort of association because the Web of Contracts, the place no matter which blockchain customers start with, they’ll equally and simply use all the pieces on different blockchains. Like it’s with the web, the Chainlink co-founder defined that the method would occur with out customers fascinated about it.
In accordance with Nazarov, this development in blockchain expertise would simplify its utilization and permit people and companies to use the expertise with out problems. He emphasised that the CCIP would run within the background, and customers wouldn’t be involved with the main points of how the protocol operates.
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