On The Brink with Castle Island cover image

Jon Kol and Asa Oines (Abacus) on the Third Era of Interoperability (EP.319)

On The Brink with Castle Island

CHAPTER

Abacus

The main issue that we see with theis it's not so much the security incidents, although those obviously are very important. What they really do is, you, as the user, give them your token, and they will issue a derivative for you on a different chin. And now we have this token representation war, which is really to the benefit of no one. With abacus, we think we're actually allowing a single issuer to create ther their token in a multichan fashion, kind of natively.

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