comit
COMIT, short for Cryptographically-secure Off-chain Multi-ledger Transactions, refers to a framework and protocol intended to enable cross-ledger value transfers without relying on a single trusted intermediary. The project envisions a network of interconnected payment channels across multiple blockchains, allowing users to send money from one ledger to another in a trust-minimized, off-chain manner.
Core concepts center on cross-chain atomicity, off-chain routing, and standardized messaging. The COMIT approach aims to
In typical COMIT-style workflows, a sender and receiver establish linked payment channels on their respective ledgers,
Status and usage of COMIT have been exploratory and development-focused, with ongoing research and experimental implementations