Waves introduced Gravity Hub solution for interaction of different blockchains
The Waves platform introduced a new gravity Hub solution aimed at improving the interaction of various blockchains and decentralized applications, as well as efficient data acquisition.
Waves management announced this at a community conference in Berlin, adding that there will be no tokens on the Gravity Hub blockchain, but it will interact with other blockchains such as Waves Platform, Waves Enterprise or Ethereum.
Gravity Hub will work as a data Oracle, performing the transfer of information from the outside world to the blockchain. Members of any network will be able to request data from Oracle from any information system with API - from Google to enterprise ERP systems.
Interaction will occur not only at the Protocol level, but also at the level of decentralized applications – a request can be transferred from one application to another, even if they operate on different blockchains. For example, gravity Hub nodes will be able to receive block headers from the Ethereum network and send them to the waves platform.
If the data on the received header will be present on the waves platform, it will serve as proof that a certain transaction was performed in Ethereum. Token transfers between blockchains will be carried out using ports that also use data from Gravity Hub.
Given that the nodes will be divided into a main core and several mandatory and optional plugins, users will be able to choose smart contract languages, consensus algorithm modules, cryptography types, and other features. The validity of Gravity Hub data is achieved by consensus between multiple nodes.
According to Waves, the inability to transfer data from one blockchain to another hinders the development of new technologies, but the gravity Hub solution can take them to a new level, providing "free communication" between blockchains.