This presentation mainly focuses on the upgrading of blockchain cross-chain technology in recent years.
Cross-chain is not difficult, as WBTC and RenbTC on Ethereum from BTC already tell us, but independent cross-chain standards such as Polkadot Substrate and Cosmos Hub present bottlenecks. What we’ve seen in these two cases is that if cross-chains are limited to a specific set of standards, then basically we’re going to see one fragmented blockchain world after another, where you have your standard and I have my standard, and then we’re going to have a fragmented blockchain world. However, since last year, with the heat up of DEFI, the ecosystem of the Ethereum public chain has become the strongest moat. This presentation will analyze how other new power chains, such as BSC, FANTOM, Near and Nervos, can complete cross-chain in the simplest user operation environment. And how to simultaneously develop EVM compatible technology in different underlying models, as well as compatible existing wallets such as MetaMask, ImToken, and WalletConnect in different underlying designs, rather than reinvent the wheel for users to download new wallets. At the same time, under the vigorous development of ROLLUP (ZK ROLLUP,optimistic ROLLUP, MATIC, XDAI and other side chains, what is the value of these public chains? Finally, I’ll look at how tools like ChainList, multichain.xyz, and others can facilitate interoperability between dApps, users, and their assets across different blockchains.
About Williams Lai
Williams Lai, Nervos advocate, loves the mechanism design of blockchain, DeFi, and Layer2, and likes to export complex things to the public in simple language and graphics. It was great to submit my proposal to Coscups for the third time and honor to have the chance to give a Talk at Coscups last year. I’m going to keep working on it dedicatedly this year.