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Beyond Bridges: Solving Blockchain's biggest Problem | Cryptography Expert Reveals

Episode 113 of the No BS around Web3 | Wavect podcast, hosted by Wavect GmbH, titled "Beyond Bridges: Solving Blockchain's biggest Problem | Cryptography Expert Reveals" was published on July 4, 2024 and runs 52 minutes.

July 4, 2024 ·52m · No BS around Web3 | Wavect

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Summary

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

Episode Description

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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