PIEChain -- A Practical Blockchain Interoperability Framework (2306.09735v1)

Abstract: A plethora of different blockchain platforms have emerged in recent years, but many of them operate in silos. As such, there is a need for reliable cross-chain communication to enable blockchain interoperability. Blockchain interoperability is challenging because transactions can typically not be reverted - as such, if one transaction is committed then the protocol must ensure that all related transactions are committed as well. Existing interoperability approaches, e.g., Cosmos and Polkadot, are limited in the sense that they only support interoperability between their own subchains, or require intrusive changes to existing blockchains. To overcome this limitation, we propose PIEChain, a general, Kafka-based cross-chain communication framework. We utilize PIEChain for a practical case study: a cross-chain auction in which users who hold tokens on multiple chains bid for a ticket sold on another chain. PIEChain is the first publicly available, practical implementation of a general framework for cross-chain communication.