One Blockchain to Rule them All

The Lord of the Rings phrase seems to strike a chord often. With so many blockchain technologies around, people often look for ‘the one’. The one blockchain that will unite all those different chains. Is that a myth?

Does it make sense to have one main chain to unite and tie all the others together? Does it make equal sense to have a chain for every application we can think of? I expect that ultimately we will end up with something that is between these two extremes.

 

"One to Rule them All"

 

Uniting makes sense to unify them. As almost everything is somehow connected, it makes sense that the associated data flow would also connect. On the other hand, the concept of ‘one to rule them all’ would put a lot of power into the one chain and we all saw in the movies how that power corrupts…