ICP.Talks: Trustless Multichain bringing ETH & BTC together | Ep. 9

Summary

In this engaging conversation, Kyle Langum interviews Ashling Connelly, a researcher at Definity leading multi-chain efforts. Ashling shares insights on the evolution of the blockchain industry, particularly focusing on the multi-chain narrative at ETH Denver. She discusses the importance of standardization, the potential of Bitcoin integration, and the innovative projects being developed on the Internet Computer platform. The discussion highlights the maturity and vibrancy of the industry, showcasing the shift from mere replication of traditional systems to creating unique, blockchain-native solutions.

Takeaways

• 🌟 The Ethereum Denver conference highlights the growing importance of multi-chain narratives and the increasing interest in Bitcoin integration within the blockchain community.
• 💡 Ashling's mission at the conference was to understand the current multi-chain narrative and explain the efforts and achievements of Definity in this space.
• 🚀 The Internet Computer's integration with Bitcoin and Ethereum allows for trustless interactions, marking a significant step forward in cross-chain communication.
• 📈 The event showcased a maturity in the blockchain industry, with projects moving beyond mere token swapping to developing real-world applications and innovative use cases.
• 🤝 There was a notable shift towards collaboration and standardization, with projects seeking to work together and build on each other's successes.
• 🌐 The community vibe at the conference was dynamic and vibrant, reflecting a renewed optimism and energy in the blockchain space.
• 💬 Ashling's experience at the conference emphasized the value of face-to-face interactions and the importance of community building in the growth of the industry.
• 📊 The discussion around threshold signatures and verifiable randomness highlighted the technical advancements and potential applications in secure and decentralized communication.
• 🏆 Projects like dmail demonstrated the potential for blockchain applications to scale and retain users, showing the viability of web3 businesses.
• 🔍 The conference served as a platform for showcasing the progress made during the industry's recent challenging times, with many projects ready to release new advancements.

Q & A

What is the main focus of the conversation between Kyle and Ashling?

The main focus of the conversation is the experiences and insights gained during the e Denver event, particularly around the multi-chain narrative and the developments in the blockchain industry.

How does Ashling feel about the atmosphere at e Denver?

Ashling feels that the vibes at e Denver are awesome, with a lot of exciting things happening, and appreciates the community and business-oriented atmosphere.

What is Ashling's role at the e Denver event?

Ashling is a researcher at Definity, leading multi-chain efforts, and her role at the event is to share insights on the multi-chain narrative, educate people on how their technology works, and discuss the trustless and decentralized aspects of their project.

What was the first event Ashling attended at e Denver?

The first event Ashling attended was an event organized by ICP Hubs at the University of Colorado and Denver, where she gave a talk on threshold signatures and their significance in the context of the Internet Computer (IC).

How does Ashling describe the Bitcoin integration on the Internet Computer?

Ashling describes the Bitcoin integration as trustless, battle-tested, and secure, allowing for read and write operations with Bitcoin and Ethereum, and providing a non-custodial solution for users to interact with the Bitcoin ledger.

What does Ashling find surprising about the interest in multi-chain at e Denver?

Ashling finds it surprising that there is a lot of interest in the multi-chain narrative, with many people looking for tools and infrastructure to build on the Internet Computer and integrate with Bitcoin and Ethereum.

What is the significance of the CK BTC project for Definity?

CK BTC is the fastest-growing synthetic Bitcoin on the Definity platform, demonstrating the momentum and growth of the project, as well as its position as a leader in the multi-chain space.

How does Ashling perceive the evolution of the blockchain industry over the past two years?

Ashling perceives the industry as maturing and evolving from a focus on decentralization and replication to building real products and services that leverage the unique properties of blockchain technology, such as cross-chain integration and decentralized privacy tools.

What are some of the key themes Ashling noticed at e Denver?

Some key themes Ashling noticed include multi-chain integration, chain abstraction, account abstraction, and the increasing interest in Bitcoin and its potential for innovation and cross-pollination with the Ethereum ecosystem.

What does Ashling find particularly interesting about the future of blockchain technology?

Ashling finds it particularly interesting to think about how blockchain technology will integrate into everyday life, such as using it for payments, computation, and digital assets, and how it will change the way we interact with various services and systems.