How can open protocol works?
Excuse me, could you please explain in detail how an open protocol works? I'm interested in understanding the underlying mechanisms that enable it to function effectively. Specifically, how does it allow for interoperability between different systems and how does it ensure security and trustworthiness? Additionally, could you also elaborate on the benefits that open protocols offer over closed or proprietary systems? Thank you in advance for your insights.
What is an open protocol lift?
Could you please clarify what an "open protocol lift" is? I'm not entirely familiar with this term in the context of cryptocurrency or finance. Is it a specific type of smart contract, a decentralized application, or perhaps a method of managing transactions on a blockchain network? Any additional information or context you can provide would be greatly appreciated. Thank you for your time.