Beyond Bridges: Solving Blockchain's biggest Problem

What this episode covers

Bridging funds in crypto is a pain - it's expensive, takes time, insecure and just causes headaches. In this episode Aisling Connolly - General Lead of Multichain Integrations at DFINITY introduces their newest technology called Chain Fusion. Chain Fusion allows you to have one smart contract on the Internet Computer (ICP) to interact with all sorts of blockchain networks directly. This allows you to create applications that interact with liquidity and data on a variety of different networks in a blink of an eye. You can find out more about Chain Fusion here: https://internetcomputer.org/chainfusion Watch on YouTube: https://www.youtube.com/watch?v=adpHBxEhsY8&list=PLsZkl0r_l2kvaGllkk8PgzMUXK6zHkyU9 ⏱️ Timestamps: 00:00 Intro 01:40 How is Chain Fusion different to other Cross-Chain Solutions? 06:05 What were the biggest Challenges building Chain Fusion? 07:03 How decentralized is ICP? 08:37 How secure is Chain Fusion - especially in terms of Finality? 13:26 So, Smart Contract Dev's are responsible for Application Security? 14:49 What about Network Reorgs..? 16:54 UX vs. Security: What do developers focus on? 19:08 Does Chain Fusion enable a new Gen of Account Abstraction? 21:48 What's the best business case for Chain Fusion? 27:04 Chain Fusion as Infrastructure-as-a-Code? 29:29 What role does Enterprise play in Mass Adoption? 31:46 How does the Smart Contract Language influence App Security? 34:41 What about maintaining all these Tech-Stacks? 40:18 What's ICP's edge to Zero-Knowledge? 46:06 Most Web3 Project's don't really use ZK 47:25 (Conclusion) 3 key-take-aways from this podcast 👩 About Dr. Aisling Connolly (Guest, right): - Chain Fusion, Multichain Integrations - General Lead at DFINITY - LinkedIn: https://www.linkedin.com/in/aisconnolly/ - Twitter: https://x.com/aisconnolly | https://x.com/dfinity - Website: https://internetcomputer.org/ 🧑‍🦰 About Kevin Riedl (Podcast host, left): - Managing Partner & Founder of Wavect GmbH (Web3 Product Studio) - LinkedIn: https://linkedin.com/in/wsdt - Twitter: https://twitter.com/kevinriedl_eth - Threads: https://www.threads.net/@kevkevin_greenhat - Website: https://wavect.io 📱 Building a project yourself? Let's have a chat: https://calendly.com/wavect/kickstart-your-project #icp #blockchain #multichain #crosschain

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How long is this episode of No BS around Web3 | Wavect?

This episode is 52 minutes long.

When was this No BS around Web3 | Wavect episode published?

This episode was published on July 4, 2024.

What is this episode about?

Bridging funds in crypto is a pain - it's expensive, takes time, insecure and just causes headaches. In this episode Aisling Connolly - General Lead of Multichain Integrations at DFINITY introduces their newest technology called Chain Fusion....

Can I download this No BS around Web3 | Wavect episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.