Sidechains to inteact with other crypto's and legacy banking ACH?

Will EOS ever be able to interact (or at least see and know what activity has been done) with other crypto's (presumably through side chains?), or interact with the legacy banking system such as ACH?

Comments

  • These are, of course, claimed future capabilities of Cardano, hence the inquiry. Full disclosure, I do not own any Cardano. :))

  • KevKev
    edited January 2018

    @MayadaJeffery said:
    Will EOS ever be able to interact (or at least see and know what activity has been done) with other crypto's (presumably through side chains?), or interact with the legacy banking system such as ACH?

    The long answer is here, written by Dan and Bart W. of block.one - https://steemit.com/eos/@dan/inter-blockchain-communication-via-merkle-proofs-with-eos-io
    The short answer is no, it doesn't seem likely EOS chains will interact with outside chains. Dan did confirm EOS will have a DEX so there will be some interaction with the legacy banking system - see OpenLedger DEX on Bitshares (Dan's first project) to understand how this might work on EOS. If anyone has a better answer feel free to correct me!

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