Bankless Axelar's General Message Passing Launch with Sergey Gorbunov, Zaki Manian, & Steven Goldfeder
May 3, 2023
Join Sergey Gorbunov, CEO of Axelar, Zaki Manian, co-founder of Sommelier Protocol, and Steven Goldfeder, co-founder of Offchain Labs, as they dive into the future of blockchain interoperability. They unveil Axelar's General Message Passing technology, transforming cross-chain interactions and allowing seamless connectivity between Ethereum and Cosmos. Topics include the evolution of decentralized finance, the importance of security in bridges, and how these innovations are set to revolutionize user experiences in the multi-chain ecosystem.
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Axelar Network
- Axelar is a decentralized interoperability network connecting various blockchains.
- It facilitates communication between different ecosystems like Cosmos and Ethereum.
Axelar as Translation Layer
- Cosmos is built with interoperability in mind, using IBC for communication within its ecosystem.
- Axelar acts as a translation layer, connecting Cosmos to external chains like Ethereum and Arbitrum.
Axelar Security Model
- Axelar prioritizes security with a decentralized validator set and robust engineering practices.
- It uses quadratic voting, validator key rotations, audits, and bug bounties to ensure network security.